Study on a Shipbuilding Pre-Delivery Guarantee Scheme
Deadline: 07/08/2009
Industry highlighted (especially in the LeaderSHIP 2015 report) that securing financing for the construction phase (pre-delivery) is crucial for shipbuilding projects. A shipyard's annual production value usually exceeds its own value and a partly-built ship is not recognised as a capital asset. The study on a shipbuilding pre-delivery guarantee scheme is therefore expected to analyse the current situation and European industries' 'needs' and to develop a proposal for a comprehensive and feasible European scheme.