The aim of this subject is to introduce you to the type of financial information that you, as a manager, can expect to receive and to the techniques that you can use to analyse this information for decision making and control purposes. The subject is therefore written from the perspective of you as a manager of an operating unit in a corporate environment. This approach will provide you with a sound basis by which you can understand, review, analyse and use the various types of financial information with which you are most likely to come into contact.
This subject contains sections in relation to ship and port investment evaluation and finance and shipping business risk management. It aims to enhance your capability in understanding practical financial issues and applying financial concepts in the maritime transport and logistics industry where you may be working.