We Provides financial advisory and asset and loan management services to parties with existing, or targeting, exposure to the maritime industry. Clients include

♦ Legacy lenders and investors seeking turnaround and restructuring solutions for existing debt and equity positions.
♦ Prospective lenders and investors looking to originate, transact, manage and exit new debt and equity investments
♦ Shipping companies seeking recapitalization and/or alternative financing solutions

 

Aethon International has significant experience in handling the takeover and return to service of distressed assets.
Our ship management team works closely with
♦ Banks
♦ Liquidators
♦ Financial Houses
♦ Admiralty Marshals
♦ Ship Owners

To ensure that vessels can be reactivated with the minimum of cost and off hire time.

For example 4 modern tankers were unexpectedly returned to their owners from a bareboat charter and continued to trade.
This was achieved by Aethon International ensuring that Oil Major Status was maintained as part of the Ship Management takeover process.
We understand the unpredictable nature of these situations and need for rapid reaction and flexibility.

Project plans for handling of distressed assets can be provided quickly to owners, and sea and shore staff activated at short notice by utilizing our size and extensive worldwide network.

Aethon International also provides owners consultancy services to companies without the necessary hands on expertise or capabilities to monitor the condition, and financial and technical performance of their assets.