Company Dossier
Overview
Canal Ship Finance provides senior secured loans, sale-and-leaseback structures and mezzanine capital to shipowners across Latin America, Europe and the Middle East, with a particular focus on Panama-flagged tonnage.
History
Established in 1983 as the maritime lending arm of a Panamanian merchant bank.
Became an independent finance house in 1999, specializing in mid-sized bulk carriers and tankers.
Acquired in 2007, Canal now finances a significant share of the Group's own vessel investments.
Highlights
- $4.6B loan and lease book
- 180+ vessels financed
- Zero principal losses since 2010
- Poseidon Principles signatory
Management
Eduardo Vallarino
President
Hannah Brecht
Chief Credit Officer
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