A new generation of ship finance

Ship finance has changed radically through the years and is most likely to change again in the decades to come, as Jasel Chauhan, of Hill Dickinson, explores

It is inevitable that ship finance will change during the next decade if the industry is to find investment and finance its operational needs and growth objectives. The status quo in shipping finance is beginning to shift and fundamental principles have changed. Multinational banks that have long been a source of funding in the sector are increasingly cautious. Some major European players have left while some of the largest Asian banks (particularly those in China) have become ship finance superpowers through financial leasing structures.