Build A Pre-loan And Post-loan Management System For The Shipping Industry

Before the collapse of world shipping market in 2008,shipping industry had experience the longest industry’s peak season with the largest growth range for 6 years.The world ship-owners own a bunch a wealth.With the push of extremely positive attitude of China’s economic and world shipping market and the great support of financial industry in financing,a lot of ship-owners and investors begun to place orders to build ships.With the sharply increasing shipbuilding orders,world shipping market is extremely prosperous.The suddenly increasing orders surpass the ability of world shipping market to build enough ships.Some orders have to wait for more than five years.And the price of shipbuilding increase with unprecedented speed.High rate of returns drive a lot of people invest amount of capital in the shipbuilding industry.New shipyards,shipyard and slipway spring up like mushrooms.The world shipbuilding scale,particularly China’s ability of shipbuilding,is improved rapidly.China is a major power in shipbuilding industry,but shipbuilding industry is a special industry with high capital-intensity,high cycle risks and strong specialty.After the global financial crisis in 1008,the shipbuilding orders dropped sharply which cause the bank have a high loan defaults on shipbuilding industry.China is an outstanding shipping manufacturing power.Nowadays,Chinese banks’ pre-loan and post-loan managing system is only applicable to ordinary enterprise loan.It has not yet formed for the pre-loan and post-loan managing system of shipping industry.Considering that shipping industry is a field of high risks which leads to the high bad debts odds of banks,this article put forward a whole set of pre-loan and post-loan managing system of shipping industry on the basis of bank X branch X’s practice case.First and foremost,this article summarized the characteristics of shipping industry,combed the status of managing approach for pre-loan and post-loan and conduct a retrospective study on relevant document.Secondly,according to the loan practice of bank X branch X,the article identified management system of pre-loan and post-loan managing system of X bank and the problems existing in it from three cases.Thirdly,the article concluded the common problems about loaning in shipping industry on the basis of cases of a shipping factory.What is more,the article put forward a full set of pre-loan and post-loan managing system on the foundation of the common problems in shipping loan,including the procedures of pre-loan,post-loan,postpone amend,arbitration,follow-up litigation and post-arbitration and so on.The research in this article will not only contribute to the auditing and inspection of bank X to the loan in shipping industry,but also enhance the ability of bank X to defend against risks from shipping industry and obtain loan portfolio from shipping enterprises efectively.At present,the external environment of each bank handling shipping loan is basically the same.Banks’ products and the examination of risk points are also highly homogeneity.Therefore,this article has strong referential value for other banks’ shipping industry loan.