It is expected that upon passing the final exam in Shipping Finance the students should be able to: - Define the term finance - Describe the development and division of the science of finance - Define the terms money, interest rate - Describe long-term and short-term financing - Describe shipping financing entities - Describe vessel procurement financing - Describe the analysis of financial transactions associated with vessel purchase - Describe the role of insurance in shipping finance - Describe profitability of investments and financial assessment in shipping industry