Splash Extra

The green financing gap facing smaller shipowners

Do you have to be a giant in the shipping world to make the decarbonisation leap? Splash Extra investigates.

With large owners laying the groundwork for what could be the new norm for ships in terms of fuel and possibly future energy transport, the question remains as to how small- and medium-sized (SME) shipowners with limited access to capital will stay competitive.

Leading ship financiers have long warned SME owners will struggle to raise fresh finance in the future as the bank market shrinks and pressure builds to consolidate or sell.

Prominent Greek shipowner Harry Vafias, president and C...

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