The Lending Scene in Hong Kong

In the midst of all the excitement surrounding the global equity markets and assorted alternative financing instruments, it is easy for us to overlook the predominant role debt finance plays in the shipping industry, particularly in Asia. The shipping players in these highly fragmented markets are predominantly the small and medium size private owners who rely mostly on bilateral loans for their funding needs.

As the leading financial hub with close proximity to the major global shipping players China, Japan and Korea, Hong Kong is home to many financial institutions involved in shipping. It is hardly surprising that most syndicated and club deals in the Asia-Pacific region are executed out from Hong Kong. With this in mind, Marine Money Asia visits this vibrant city to take market temperature of the lending scene over there.

This is only an excerpt of The Lending Scene in Hong Kong

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