Shipping Finance
Singapore has a well-developed shipping finance sector, and offers shipping players both traditional and innovative financing solutions
Singapore is both a global shipping hub and an Asian banking centre. MPA works closely with relevant agencies and organisations to facilitate and foster growth in Singapore’s shipping finance sector.
In addition to more than 20 major banks with shipping finance portfolios, there is a wide array of alternative financing options, including shipping trusts and listing on the Singapore Exchange (SGX). Owners, operators and brokers can also take advantage of the many financial institutions, boutique shipping investment banks and private equity arrangers with operations in Singapore.
Singapore is a centre of banking, legal and accounting expertise as well as a clearing house for maritime finance transactional information. These strengths enable ship-owners and ship builders to respond effectively to the current market. They are able to obtain not only finance but also advice on the latest analytical techniques for financing structures, credit assessment and risk mitigation.