SSY Establishes Finance Division

Wednesday, October 04, 2006
The partners of SSY announced the formation of SSY Capital LLC to serve global shipowners in the capital markets. The new unit will be led by Tom Kane, a leading American finance expert with particular expertise in international finance. SSY Capital will offer financial products tailored to its clients’ needs. Several products will be available to clients, including project and asset finance facilities, a variety of lease and debt financing structures, as well as non-traditional forms and capital sources.

SSY recently celebrated its 125th anniversary. In the last 20 years, SSY has expanded its traditional broking expertise to include maritime consultancy and research, gas, chemicals, containers and freight derivatives. SSY is a primary source of trade and fleet data, freight rate and market assessments, and is presently located in 13 global offices. Kane, President of SSY Capital, has over 25 years of experience in international finance, transportation finance, computer and technology finance. Prior to joining SSY Capital, Mr. Kane was a director of Boeing Capital Corporation. He is joined by Alex Taylor and Joshua Katzeff, both formerly of Global Capital Finance and The Transportation Group.

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