"I don’t think it will cease to exist,” said Robert Perri, chief financial officer of Greek shipowner TMS Cardiff Gas. “But I do think it’s cyclical, and the last couple of years of aggressive financing are not what we will see going forward.”
Did somebody say “cease to exist”?
Perri was talking about the most powerful force in ship finance, Chinese lease financing, which goes up and up and up and never goes down.
