Thomas G. Ernst & Co.


Bank landing is out - private financing is in

Statistically the growth in shipping is based on pure private capital

according to a publication issued by Petrofin Global Bank Research the growth in shipps from 2014 to 2015 (i.e. 1,76 pct or 1,580 more ships) is obviously financed by almost pure private equity, if you look at their figure of no increase in ship financing worldwide (2014: $ 397.84bn; 2015 $ 397.9bn
total exposure to shipping of 40 global banks).