The
management together with a team of senior bank, legal and corporate
finance executives are currently evaluating an opportunity in the
ship-financing market. The lack of available financing has driven up
the cost of funds disproportionately to the risk of financing such
assets in today’s environment where current values are at historic
lows, well below replacement parity. Tribini Ship Leasing aims to
take advantage of this disruption through a simple and downside
protected lease financing model, allowing investors to receive higher
returns than could be achieved under normal market conditions.
The
Opportunity in Brief:
-
Provide a simple and safe structure for debt-like finance for modern
ships with low risk at premium returns.
-
Stepping into the void left by traditional ship finance banks
struggling with legacy debt and increasing regulatory and capital
requirements.
-
The values of standard design bulkers have come off 50-60% since
2014 and are today 25-35% below replacement parity.
-
Provide owners of standard type well maintained vessels in the core
markets, initially bulkcarriers and containership, with 50-65%
finance through a leasing scheme where the Fund owns and holds title
of the ships.
-
Simple structure, strong control, no regulatory issues, ownership of
the assets without commercial or operational risk.
Please
contact the management for further details.
