July 22, 2024

AndronETalksNews

AndronETalksNews

Infinity: The future of maritime finance?

Lloyd’s register

Authored by John M Hadjipateras, Commercial Shipping CEO at Infinity Maritime.

November 18, 2021

The seed for Infinity Maritime was planted when some dyed in the wool maritime movers and shakers met a number of fintech and digital experts. The subject of conversation was the lack of bank debt available to small and medium sized operators (following the global financial crisis, the introduction of capital adequacy requirements for maritime loans has led to banks shying away from competitive lending), and the increasing imperatives for sustainability in light of the IMO’s commitment to net zero carbon shipping by 2050:

“It’s a challenging environment for maritime industry financing”

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