Shipping Industry
Contents
AUTHORISATION………………………………………………………………………………………………………………………………..i
ACKNOWLEDGEMENT……………………………………………………………………………………………………………………….ii
EXECUTIVE SUMMARY……………………………………………………………………………………………………………………..iii
1. INTRODUCTION 2
1.1 PURPOSE OF REPORT 2
1.2 PHASE I 2
1.3 PHASE II 3
1.4 PHASE III 3
2.1 HOW THE ASSET DEVELOPED IS LINKED WITH TCS? 6
2.2 ROLE OF TCS IN THE SHIPPING WORLD 7
2.3 TCS IMPLEMENTING ERP AT KOCHI PORT 12
3. PHASE I – ASSET REVIEW AND CERTIFICATION COURSE 13
4. PHASE II - ASSET DEVELOPMENT 18
5.1 OBJECTIVE 1: TO STUDY AND ANALYZE THE FINANCING TECHNIQUES OF: (A) NEW SHIPS, (B) SECOND HAND SHIPS 33
5.1.1 COMPARISON OF WORLD’S TOP NATIONS IN TERMS OF SHIPS COMPLETED (IN GT) 48
5.1.2 FINANCIAL MARKET PRODUCTS 53
5.2 OBJECTIVE 2: TO ANALYZE VARIOUS KINDS OF SHIPPING MORTGAGES AVAILABLE ACROSS THE GLOBE AND PROVIDE A COMPARATIVE ANALYSIS AMONG THE TOP NATIONS OF THE WORLD 57
5.2.1 MORTGAGES IN THE MOST IMPORTANT SHIP REGISTRATION JURISDICTIONS: A COMPARATIVE ANALYSIS 58
5.2.2 LEASING OF SHIPS 62
5.2.3 REGRESSION ANALYSIS 66
5.2.4 INFORMATION TECHNOLOGY AND SHIPPING 70
5.3 OBJECTIVE 3: TO ASSESS THE IMPACT OF CREDIT CRUNCH ON SHIPPING FINANCE 73
6. FINDINGS AND RECOMMENDATIONS 82
7. REFERENCES 85
1. INTRODUCTION
1.1 PURPOSE OF REPORT
The main purpose of the Project Report is to give reader an insight regarding work done during the Summer Internship Program.
Scope of report
Project Report covers the work done during Summer Internship Program in TCS. It gives a detailed analysis of the three phases of SIP in TCS. Given below is the phase wise work done during SIP.
1.2 PHASE I
ASSET REVIEW AND CERTIFICATION: E-COMMERCE
Following tasks were completed in this phase:
1) To read and understand the basic concepts of E-Commerce Certification Course provided by Tata Consultancy Services Financial Technology Center.
2) To take the certification tests comprising of a separate test for each of the 20 chapters (5 questions
AUTHORISATION………………………………………………………………………………………………………………………………..i
ACKNOWLEDGEMENT……………………………………………………………………………………………………………………….ii
EXECUTIVE SUMMARY……………………………………………………………………………………………………………………..iii
1. INTRODUCTION 2
1.1 PURPOSE OF REPORT 2
1.2 PHASE I 2
1.3 PHASE II 3
1.4 PHASE III 3
2.1 HOW THE ASSET DEVELOPED IS LINKED WITH TCS? 6
2.2 ROLE OF TCS IN THE SHIPPING WORLD 7
2.3 TCS IMPLEMENTING ERP AT KOCHI PORT 12
3. PHASE I – ASSET REVIEW AND CERTIFICATION COURSE 13
4. PHASE II - ASSET DEVELOPMENT 18
5.1 OBJECTIVE 1: TO STUDY AND ANALYZE THE FINANCING TECHNIQUES OF: (A) NEW SHIPS, (B) SECOND HAND SHIPS 33
5.1.1 COMPARISON OF WORLD’S TOP NATIONS IN TERMS OF SHIPS COMPLETED (IN GT) 48
5.1.2 FINANCIAL MARKET PRODUCTS 53
5.2 OBJECTIVE 2: TO ANALYZE VARIOUS KINDS OF SHIPPING MORTGAGES AVAILABLE ACROSS THE GLOBE AND PROVIDE A COMPARATIVE ANALYSIS AMONG THE TOP NATIONS OF THE WORLD 57
5.2.1 MORTGAGES IN THE MOST IMPORTANT SHIP REGISTRATION JURISDICTIONS: A COMPARATIVE ANALYSIS 58
5.2.2 LEASING OF SHIPS 62
5.2.3 REGRESSION ANALYSIS 66
5.2.4 INFORMATION TECHNOLOGY AND SHIPPING 70
5.3 OBJECTIVE 3: TO ASSESS THE IMPACT OF CREDIT CRUNCH ON SHIPPING FINANCE 73
6. FINDINGS AND RECOMMENDATIONS 82
7. REFERENCES 85
1. INTRODUCTION
1.1 PURPOSE OF REPORT
The main purpose of the Project Report is to give reader an insight regarding work done during the Summer Internship Program.
Scope of report
Project Report covers the work done during Summer Internship Program in TCS. It gives a detailed analysis of the three phases of SIP in TCS. Given below is the phase wise work done during SIP.
1.2 PHASE I
ASSET REVIEW AND CERTIFICATION: E-COMMERCE
Following tasks were completed in this phase:
1) To read and understand the basic concepts of E-Commerce Certification Course provided by Tata Consultancy Services Financial Technology Center.
2) To take the certification tests comprising of a separate test for each of the 20 chapters (5 questions
References: Articles and Journals • Times of India: 23rd March, 2009: An Article on Shipping Finance. • Business Line: 28th March, 2009: An Article on Shipping Finance. • National Maritime Development Program Report, 2006-07 published by the Government of India (Shipping Division). • WTO, Cygnus Research, 2005 Websites