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.

Photo: PR-foto/CMA CGM

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.

The Japanese Operating Leases with Call Option (JOLCO) are increasingly seeking deals with shipowners abroad as investors are struggling with negative interest rates at home.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

Latest news


See all

See all