Tel: +91 22 2757 9611, 2757 7834

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Term loan proposal for acquisition of second hand Handymax bulk carrier

" With the growing sea trade and company maritime expertise, client wished to enter ship owning business. For which it had acquired a second hand 30000 DWT bulk carrier for US$12.5 million in 2005. Client wish to syndicate funds on behalf of the client. "

Client had been into ship management services, ship owning and maritime software solutions.

Project required preparing of loan proposal document required by the bank and as a consultant be answerable to all queries of the bank.

Modus Operandi
i-maritime has expertise and access to enormous database of shipping industry including freight earnings, second hand ship prices. With understanding of ship operating expenses and the prospects of business financial analysis was done to find rates of return on investments.

i-maritime Proposition
i-maritime helped in creating a compelling proposal and thus syndication of funds from bank for acquisition of the bulk carrier.

About i-maritime:
Contact for further information
i-maritime Consultancy Pvt. Ltd.
206, Hermes Atrium, Sector 11,
Belapur, Navi Mumbai, India
Tel: +91-22-27577834
Fax: +91-22-27579612