This is the menu item that you read on the hompage.
Korea Ocean Business Corporation
- Introduction to KOBC
- Main Business
- Investor Relations
- Public participation
- ESG Management
Introduction to KOBC
Main Business
-
Support to secure ships (Investment Program)
-
Container box investment program
Secondary preservation/special guarantee program for environment-friendly facility improvement
-
Investment program for port terminals and logistics facilities
-
Management support for the shipping industry(Covid-19 support)
-
Shipping policy business operation
Support for conversion to environment-friendly ship
Certified Excellent Shipping Company and Shipper
Operation of National Essential Ships
Seaborne freight announcement system · Shipping transaction unfair act reporting center
-
Training industrial specialists
Cultivation of manpower for shipping finance · shipping, port logistics
Investor Relations
Public participation
ESG Management
Search
What information do you need from KOBC?
Popular search terms
Main Business
Maritime Finance Global LeaderShip S&LB(BBCHP) Program
Ship S&LB(BBCHP)
Ship S&LB(BBCHP) program is a transaction in which the KOBC purchases ships owned by domestic shipping companies and leases them back to the shipping companies through BBCHP (financial lease). Upon expiration of lease period, ownership of the ship is transferred to the shipping company.
Feature and Benefit
- Liquidity for shipping companies due to sale of ship
- Since only the ownership of a ship is transferred, ship operations can continue unencumbered
Main guarantee conditions
| Classification | Details |
|---|---|
| Financial structure | Principle of investment through ship investment companies according to the Ship Funds under Ship Investment Company Act |
| Investment target | Ships owned by shipping companies |
| Investment amount | Ship price valuation amount×investment ratio |
| Investment proportion | Appropriate in consideration of internal credit rating of the KOBC, status of profit fixed contract, and business feasibility |
| Ship price evaluation | Reflect appraised value of multiple appraisal agencies recognized by the KOBC |
| Investment period | Within 5 years from the date of acquisition of ships (agreement in consideration of other financial conditions) |
| Applicable interest rate | Arrangement in consideration of credit rating, investment period, and investment ratio Applicable interest rate = Basic applicable interest rate (according to internal system) ± discount/premium (considering project feasibility and policy factors) |
| Repayment method | Agreement in consideration of target of support, project structure, and project feasibility results |
Financial structure diagram (examples)
Korea Ocean Business Corporation→Ship Investment Company (SIC)*:Investment, Ship Investment Company (SIC)→Korea Ocean Business Corporation:Dividend
Ship management company→Ship Investment Company (SIC)*:Ship fund management, Ship Investment Company (SIC)*→Ship management company:Asset Custody Management
Ship Investment Company (SIC)*→SPC**(Overseas):Loan, SPC**(Overseas)→Ship Investment Company (SIC):Principal repayment
SPC**(Overseas)+Shipping Company:Transfer of ownership of the ship upon maturity, SPC**(Overseas)→Shipping Company:Lease after ship purchase, Shipping Company→SPC**(Overseas):Charterage
* SIC : Ship Investment Company ** SPC : Special Purpose Company