Which vessel types do you finance?

We structure financing across commercial vessels: dry-cargo and bulk carriers (handysize to capesize), tankers, container ships, RoRo and LNG / gas carriers.

Do you finance pre-owned vessel purchases?

Yes. Pre-owned is the most-traded segment worldwide. An independent survey and DWT-based valuation form the foundation of the financing decision.

Is there support for coaster fleet renewal?

Yes. We build structures aligned with state-backed fleet renewal programs and coordinate the equity, incentive and credit layers.

Syndication or bilateral bank loan?

It depends on ticket size and risk distribution. For large transactions a consortium / syndicated structure is often more efficient.

Can ECA or Eximbank financing be used?

Especially for new builds, export credit agencies and the Türk Eximbank ship construction financing program are evaluated together.

Services

Commercial ship financing

Mortgage credit, leasing and syndicated structures for dry-cargo, bulk, tanker and LNG vessels.

Typical structure

Ticket size€5M – €60M

Tenor5 – 12 years

Security packageFirst-priority ship mortgage, charter / freight assignment, H&M + P&I insurance

What this service is

Commercial ship financing

Commercial ship financing differs fundamentally from land-sector lending. Dry-cargo and bulk carriers, tankers and LNG vessels operate in a cyclical market; freight revenue swings, and the vessel itself is both collateral and cash-flow source. Pre-owned ships are the most-traded asset class in the world, and much of the Turkish fleet is due for renewal. When financing is not built around vessel type, age, trading profile and voyage income, repayment becomes a calendar problem.

PM® treats commercial ship financing not as a single loan but as a structure that compares bank credit, leasing, syndicated / consortium facilities and export credit agency (ECA) options. Repayment is tied to charter or freight income; the collateral package is built on a first-priority ship mortgage, revenue assignment and insurance. Survey, DWT valuation, flag and registry, mortgage registration and insurance are all run under one coordination.

What this structure gives you

Aligned to voyage income

Repayment is shaped to the rhythm of charter and freight income, easing cash pressure across the cycle.

Multi-source access

Bank credit, leasing, syndication and ECA options are compared at a single table.

Single-point structuring

Survey, DWT valuation, flag, mortgage and insurance all run from one coordination.

What's included

Commercial ship financing

Financing structure designed to vessel type and trading profile
DWT-based valuation and technical due-diligence coordination
Comparison of bank, leasing and syndicated / consortium options
Access to ECA and Türk Eximbank programs
Flag, registry and first-priority mortgage management
Charter / freight revenue assignment and covenant design

Required documents

Owner / entity identity and registry documents
Last 3 years of audited financial statements
Target vessel class, flag and registry records
Independent survey and DWT valuation report
Charter / freight contracts and revenue history
Hull & Machinery + P&I insurance policies

We know the route at sea, and the paperwork ashore.

We stay alongside you from first conversation to final repayment.

Discovery
We map your project, financing need and existing capital structure together.
Structuring
We build your SPV, collateral package and tenor model.
Financing
We run the conversations with the right funding partners from our network.
Delivery
Your vessel, taken from yard or seller, lands inside a ready financing structure.
Lifecycle
Through repayment, we coordinate with marinas, insurers and operating partners on your behalf.