Growth forecast

The Liberian Registry said the entry of private equity funding into the ship finance market is helping to sustain its continued growth. Scott Bergeron, chief executive officer of the Liberian International Ship & Corporate Registry, the US-based manager of the Liberian registry, said “Owners are ordering ships again and there is a great deal of private equity funding entering the market, in the US and elsewhere, which is filling the shortfall created by a reduction in traditional bank finance for shipping.”