Shipping companies face financial risks: New system proposed for control
The article discusses how shipping companies can manage financial risks better. By studying a specific company, the researchers found that there were various risks in financing, investing, and earning money. They also identified problems like a lack of financial risk awareness among employees and a need for a better risk management system. To address these issues, the researchers suggested measures like improving financing, investing, and supervisory practices. Overall, the study helps improve our understanding of financial risk management in shipping companies and offers ways to build a more effective system.