Excitement returns to ship finance with deal making, FinTech and equity raises

All of a sudden, there are deals in the air. The mood at the at last week’s Marine Money 2018 conference, held over a span of three days, in New York was ebullient.

In contrast to previous years, where hordes of distressed investors in 2015, high priced lenders in 2017, or restructuring specialists in 2012, and even private equity investors in 2010 and 2013 seemed to be over-running the venue, this year’s event saw platoons (not armies) of commercial bankers, and investment banker types looking for deals. This year, a new group – the tech fringe was in evidence, fitting in far more seamlessly than in 2000 and 2001 when Marine Money attempted to put bankers in the same room with dot-comers – a-non starter if there ever was one. Long time banker Dagfinn Lunde, now chairman of eShipfinance.com, a conference speaker, and accounting veteran George Cambanis (in the audience, now managing director of YieldStreet lent an august and calming nature to providing debt, as “FinTech” is increasingly infused into ship finance.
Read the rest of the article here.
How helpful is this content?

Share this article:

Join a community of 350,000+ members

  • Gain access to unique offerings previously reserved for the ultra-wealthy

  • Customize your portfolio for income, growth, or a balance of both

  • Get started today and earn an average IRR of over 8%

What investors are saying about Yieldstreet

Apr 2022

The due diligence, risk management, and product education materials are thorough, excellent, and easy to use and understand.

Manoj J
Member since 2019
Apr 2022

Excellent and unique selections that I can't find elsewhere.

Jonathan S
Member since 2019
Apr 2022

The platform delivers in a very concise manner. Easy to get a clear understanding at a glance from the web or mobile app.

Tim S
Member since 2021
The testimonials presented on this page have been provided by actual investors in Yieldstreet funds without compensation. Yieldstreet has selected the testimonials, and certain testimonials have been edited to remove personally identifiable information and for brevity. Testimonials were not selected based on objective or random criteria, but rather were selected based on Yieldstreet's understanding of its relationship with the providers of the testimonials. The uncompensated testimonials presented here may not be representative of other investors' experiences, and there can be no guarantee that investors will experience future performance or success consistent with the testimonials presented.

The Yield

Our weekly podcast providing ideas about how to make money work for you and bring you closer to your dreams.

Since inception, over $2.5B has been invested on Yieldstreet

Join today for free to access alternative investment opportunities.