Ship finance and leasing
Ship finance and leasing refer to the methods of financing the acquisition, construction, and operation of ships. In ship finance, financial institutions such as banks provide loans or credit to the ship owners or operators, while in leasing, a leasing company owns the vessel and leases it to the operator. The benefits of ship finance and leasing are many, and they extend to all stakeholders involved in the shipping industry, including ship owners, operators, financiers, and investors. For ship owners, ship finance and leasing provide access to capital and funding for their business operations. With the help of ship finance, owners can acquire new vessels or retrofit existing ones to comply with new regulations. Leasing, on the other hand, allows owners to operate vessels without the burden of ownership, which can help them conserve capital for other investments. For ship operators, ship finance and leasing provide access to modern and technologically advanced vessels, which can ...