OCEANIC FINANCE LEASE FUNDS
Typical Structure
- Oceanic Finance Lease Fund vehicle purchases the vessel from/for the client
- The vessel is bareboat chartered to the client
- The client has the option to purchase the vessel back at specified periods without penalty
- At the end of the charter there is a put/call option to sell the vessel back to the client at pre-agreed values
Tufton Oceanic has offices in London, Isle of Man, Dubai, Cyprus. Tufton Oceanic Limited is regulated by the Financial Services Authority. Oceanic Investment Management Limited, Oceanic Energy Management Limited, Oceanic Small Cap Management Limited and Oceanic Asset Backed Finance Limited are licensed by the Isle of Man Financial Supervision Commission to conduct Investment Business. Marine Services (IOM) Limited is licensed by the Isle of Man Financial Supervision Commission as a Corporate Service Provider and Tufton Oceanic (Middle East) Limited is regulated by the Dubai Financial Services Authority. Tufton Oceanic Limited, registered in England, company registration number: 1835984. Registered office: 1 Albemarle Street, London, W1S 4HA.