Question: A . It has been said that the best time to start a shipping company is not when the market and freight rates are at

A. It has been said that the best time to start a shipping company is not when the market and freight rates are at a peak. Instead, this should be done during a trough when everything looks bleak and the world economy is in a dreadful mess. To what extent do you agree or disagree with this opinion? Provide relevant examples to justify your response. (7 marks)
B. Explain four methods of financing that these potential ship owners could utilize to finance their shipping company. (8 marks)
C. Explain two possible risks that are associated with ship finance. (5 marks)

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