2023: a good year for ship finance
Hamburg-based ship finance platform, oceanis, predicts ship financing costs for 2023 in a new quarterly report Executive summary: – Bank financing for Container vessels has all but dried up, with only vessels employed by top-tier Charterers able to obtain financing terms on a non-recourse basis – Product Tankers are in vogue with Financiers; loans at over 100% of historic fair market value (FMV) are possible for pool-trading mature vessels – Poor earnings in Dry Bulk have caused a serious decline in the leverage available to shipowners, but finance remains available ...
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