| The globalization of trade is driving rapid growth in international goods shipments, over 80% which goes by sea. This makes for explosive growth in ocean shipping, including both container and bulk shipping. Container ships transport finished goods and generally travel on regularly scheduled routes, while bulk shipping is mainly for commodities or primary industrial goods, and ships usually do not have any fixed schedule. Rapid economic growth in the BRIC countries (Brazil, Russia, India, and China) has triggered precipitous growth in the volume of ocean shipping and supports an increasingly vigorous market for the buying and selling of ships. Shipping is a capital-intensive business, so shipowners must do a thorough assessment of the long-term prospects for the shipping industry before buying a new or used ship, and the most important focal points of such assessments are capital planning and borrowing costs, which is where SinoPac Leasing has a role to play. With 10 years of experience in ship financing, we can help shipowners plan their financing so they can make flexible use of capital. In addition, shipowners, ship charterers, law firms, and ship insurers can all use our services as a platform for their business dealings. SinoPac Leasing also has excellent working relationships with many other providers of shipping-related services, including the following: - Law firms with a professional shipping practice
- Professional ship insurance brokers
- Professional ship brokers (brokering of ship sales, brokering of ship leases, and shipping agent services)
- Professional ship safety management and consulting firms
- Professional ship inspection institutions
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