ShippingWatch

These are the new lenders in shipping

Since the turn of the year alone, numerous new financing opportunities have emerged for the shipping companies as alternatives to the traditional shipping banks. ShippingWatch provides an overview below.

The crisis among the major, traditional shipping banks in recent years, combined with stricter lending requirements, has made the shipping sector look to new venues for alternative financing.

This has become even more clear since the turn of the year, as a series of new lenders has emerged in the sector providing billions in alternative and more accessible, and sometimes more expensive, financing for the shipping companies. The funds come from players such as pension funds and private investors.

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