we finance the shipbuilding projects in our shipyards, or
the second-hand vessel purchase.
1

Prepare us the Documents

the company profile and financial statements would be of help to evaluate the feasibility of the financing.

2

Our Internal Approval

After having the information & documents available, we will begin our internal evaluation and decide if to go ahead, and get the finance approved.

3

Prepare the Finance Document

We will recruit the lawyer to prepare the documents and register the title & mortgage over the vessels and charges & pledges, if any.

FAQs

The ship types that can be financed?

bulker carrier of Handysize, Handymax, Supramax, Ultramax, Kamsarmax and Capesize;
Aframax crude oil tanker, product tanker of various tonnage;
general cargo vessel and multi-purpose vessels.

Is mortgage-backed ship finance feasible?

We do the finance in the way of bareboat finance lease, which means that the title over the ship shal be registered with our special vehicle, which would act as the lessor and bareboat charter the vessel to the lessee.
Upon the expiration of the bareboat charter-party, the lessee would purchase back the vessel.

How long will the financing period

for newbuilding, max. 10 years, while for the second-hand vessels, generally no more than 5 years.

Is long-term TC required?

generally we don’t require the long-term time charter-party, but it depends.