Shipowners dig Japanese funding
A rising number of carriers are now turning to Japanese leasing companies to finance new vessels, writes Lloyd's List. The leasing companies can offer 100-percent financing with lower interest rates than banks.
China was first in the game and now Japan is following suit as a source of financing for carriers. According to Lloyd's List, several carriers are setting their sights on Japanese leasing companies which offer 100-percent financing of ships at a lower interest rate than banks.
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