Global Transportation Finance Shareholders Francis X. Nolan, III (New York) and Ji Woon Kim (Singapore) joined F. Humera Ahmed VP of Legal & Business Development of the Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian Registry, for a recorded Q&A on ship financing charters.
Watch the video below for in-depth analysis from Mr. Nolan and Mr. Kim as they provide a history of traditional ship financing and answer questions such as:
-
What is a finance charter, and how has this financing structure ben used and grown in shipping in recent years?
-
How is a finance charter different from other forms of financings?
-
What led to the development and amendment to Liberia’s maritime law to allow lease financing structures to be recorded as mortgages?
-
What are the legal elements to consider when recording a finance charter?
-
What are the benefits of recording a finance charter with the Liberia registry?
-
How is the Liberian laws and regulations for financing charters different from other laws typically found in the shipping sector?