Research On The Financing Strategy Of Maritime Enterprises

The maritime enterprises need a great deal of funds to keep on continue development because of its' particularities. We should consider three factors when we make the financing stratagem, there are the life cycle of enterprises, the amount of financing and the combination structure of financing. The maritime enterprises in different period need different funds, as well as the channels of financing. The scale of projects decide the amount of funds , the differences of the combination structure of financing are the types risk and the total cost of financing. It is necessary to manage companies and establish the financing stratagem on international standards, which are for the best channels of financing.The thesis starts with the characteristics of the shipping enterprises and the condition and characteristics of financing, linking with financing theories, to analyze the inner and outer factors which affect the financing stratagem of shipping enterprises. In addition, we discuss which method should be used when the shipping enterprises are on different period. On the basis of theories analysis, the thesis uses the finance data of listed shipping enterprises to illuminate that improving of the rate of finance level is the effective way to improve ROE, meantime, the thesis gives how to establish the best capital structure.The shipping obtains unprecedented development under the pushing of world economy and trade. The shipping market changes every minute, which brings chances as well as challenges. The shipping enterprises should consummate its' financing stratagem according to the environment to seek the best approach of financing demands.