||Orestis Schinas, Carsten Grau, Max Johns
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This book aims to present fresh ideas and concepts to the maritime and ship financing community. It is not a textbook or a collection of papers that reflect pure academic views but an anthology of viewpoints of experts and a compilation of solutions employed by decision-makers and specialists in order to tackle complicated market and financial conditions. The topics and subjects considered demonstrate also the innovative character of this effort. This book is not solely written for graduate students; it aims to address some of the needs of professionals who deal daily with the riddles and the puzzles of financing ships either as lenders or as borrowers or as advisors. To this respect, the reader must have a good understanding of the fundamentals before reading these texts, as some of the topics might be considered as "advanced". The editors strived to collect contributions that balance the academic interests and the professional needs and reflect the recent developments, as all contributions are submitted in late 2012 until mid-2013. The editorial team believes a book like this should not distinguish too strongly between those readers working in the industry and those pursuing academic goals because ship finance is a multidisciplinary and complex subject often driven by the practicalities of the markets. There is a vital interchange of ideas and concepts between the praxis and the theory that advances the state of the art in this field. Ship finance is still a relatively new field and very little literature exists. Theory and practice is far from settled, it evolves very dynamically.