Analysis Of The Factors Affecting The Valuation Of Ship Financing Lease

Since the financial crisis,ship finance leasing has become the second largest financing channel,and its share now ranks second only to bank loans,becoming one of the three major financial instruments that keep pace with bank loans and securities.From a global market perspective,financial leasing in developed countries such as Europe and the United States as a "core industry." Among the domestic banks,Bank of Communications,Industrial and Commercial Bank of China,China Merchants Bank,Minsheng Bank have all started the financial leasing of ships.The annual investment made by these banks in the shipping industry accounts for about one quarter of the global investment.In the process of shipping company's operation,the purchase cost of shipping is the biggest cost of shipping company.The cost of shipping also determines the future survival and development of shipping company.With the development of the global economy and the shipping industry,large and intelligent ships have become a trend of development.Environmental protection organizations have also become more stringent in terms of ship discharge,fuel consumption and other requirements.This also makes shipping companies have to upgrade the fleet structure and ship equipment,and thus gave birth to a large number of financing needs,in these transactions,the value of the ship's assets assessment has also become an integral part.In the ship finance lease business,the lessor mainly concerned about the ship's future capacity management,and as a guarantee of its recovery of claims,so as to provide shipping companies with 100% of the ship financing.Professional requirements in the field of ship management are very high,the amount involved is also very large,the expertise involved is also different from other industries.Therefore,the third-party professional assessment agencies for the subject of the price of the vessel to determine the very important,mainly through the real ship survey and the case of market transactions compared to the method of price judgments,but this approach often overlooked the external economic environment factors on the value of the ship Therefore,we compare the ship price with the international crude oil price,the global economic growth rate and the indices of China Export Containers Freight Index(CCFI)and Baltic Dry Index(BDI)and the Baltic Sea Freight Index(BDTI)Regression analysis to determine the factors that affect the value of the ship is very important.This paper selects container ships,bulk carriers and oil tankers as the analysis object respectively.By collecting and summarizing the historical values so as to provide shipping companing the ship types,the regression analysis method is used to compare the value with the international crude oil prices,the global economic growth rate,China Export Container Freight Index(CCFI)and the Baltic Dry Index(BDI)and the Baltic Freight Index(BDTI)regression analysis to compare the impact of these three types of ship valuation of the ship,Then calculate the value of the ship.