News Analysis: Since Commencement of the World Recession of 2008, Shipyards Which Provide Financing For New-Buildings Create Vessels For Customers; those which Don’t, Won’t. The several Fine and Very Capable Shipyards in Finland have been experiencing this reality for half a decade by losing Bids to other Nation’s Ship Yards or have been losing existing Contracts to the same.
Investors with some foresight may see many Opportunities to provide Funds for New-Buildings in Finnish Ship Yards. Rather than worrying about not knowing the difference between a ‘Plimsoll Line’ and a ‘Poop Deck’, they should understand that the Vessel’s Value may be the Security for the Loan, in some Agreements; in others, the Ship Yard Real Property and Facilities may also Secure The Loans. The important thing to remember is: “The World Belongs To The Aggressive, Make the Entire World Your ‘Oyster of Investment'”. The typical Financing Rates of “LIBOR +” are very worthwhile.
Seek out Experienced Professionals who can objectively evaluate New-Building Projects as to ‘Risk/Reward’ Valuations. Let your New-Building Investments be like a Sailor’s “Red Sky At Night”.