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<strong>Residual</strong> <strong>Value</strong> <strong>Insurance</strong> (<strong>“RVI”</strong>)<br />
Shipping is cyclical<br />
RVI is one method of managing this risk<br />
Reluctance of lenders & investors to assume<br />
residual risk of the vessels because of the<br />
volatility of the market<br />
RVI provider is in effect acting as a third party<br />
guarantor to secure a minimum residual value<br />
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