Vessel Acquisition Financing
Acquiring a vessel requires significant upfront capital, tight lender scrutiny, and structured repayment that matches charter income. We arrange vessel acquisition financing
for shipowners, operators, and investors seeking to purchase tankers, bulk carriers, container ships, offshore vessels, and specialized tonnage. Financing is underwritten on asset value, charter contracts, and operator track record.
Outcome:
A debt or lease facility tied to vessel value and charter revenues, with repayment terms aligned to cash flows, and lender protections satisfied.
Who We Finance
Shipowners & Operators
Expanding fleets with newbuilds or second-hand acquisitions.
Charter-backed Sponsors
Those with time-charters or bareboat charters in place.
Private Equity & Funds
Investors acquiring vessels for long-term deployment or resale.
Offshore Operators
Securing finance for supply vessels, tugs, dredgers, and jack-ups.
Financing Structures
Senior Secured Debt
Loans secured on the vessel mortgage, with DSCR covenants and cash sweep terms.
Sale & Leaseback
Vessel sold to a financier and leased back under bareboat or time-charter arrangements.
Export Credit & Syndicated Loans
Structured for newbuilds with shipyard financing support and multi-bank participation.
Bridge & Mezzanine
Short-term acquisition finance pending refinancing with senior lenders.
Lender Controls
| Control |
Why it matters |
| First preferred mortgage |
Ensures lender priority over the vessel in case of enforcement. |
| Charter assignment |
Cash flows directed to controlled accounts to cover debt service. |
| Insurance assignment |
Hull & machinery, P&I, and war risk policies pledged to lenders. |
| Covenants |
Minimum equity, DSCR tests, and restrictions on vessel disposal. |
Pricing and Terms Snapshot
| Product |
Typical leverage |
Tenor |
| Senior loan |
60%–75% LTV |
5–10 years |
| Sale & leaseback |
Up to 100% of asset cost |
5–12 years |
| Bridge / mezzanine |
Short-term up to 70% |
12–36 months |
Process to Approval
1) Submit
Provide vessel specs, purchase MOU, charter contracts, and company KYC.
2) Review
We underwrite asset value, operator capacity, and income streams.
3) Terms
Receive indicative terms, covenants, and lender appetite.
4) Close
Mandate execution, facility agreement, mortgage registration, disbursement.
Documents Required
| Document |
Purpose |
| Vessel details & appraisal |
Establishes value and LTV basis |
| MOU / Purchase agreement |
Defines acquisition price and deadlines |
| Charter contracts / LOIs |
Demonstrates revenue support |
| Company KYC and UBO docs |
Compliance clearance |
| Financials and projections |
Debt service and covenant support |
Apply for Vessel Acquisition Financing
Send vessel specs, purchase terms, and charter contracts. We will assess your file and return indicative terms.
Start the Process
Financing is subject to underwriting, lender approval, and compliance checks. Minimum facility size applies. Terms depend on vessel type, flag, operator history, and charter strength. We do not arrange speculative financing without commercial support.