Before funding a cargo you have to know who really owns the vessel.
The hydrocarbons sector concentrates two distinct problems: capital locked up in equipment and long-term contracts, and counterparty risk that never shows up on a financial statement. IT Capital addresses both. On the capital side, it structures factoring, machinery and equipment leasing, purchase-order financing and Sale & Leaseback on field assets. On the risk side, it operates Marine & Shipping Intelligence: before funding a cargo you must know who really owns the vessel, which flag it sails under, and whether its transponder went dark at any point en route.
Idle field equipment and a counterparty whose risk never shows on a financial statement.
Factoring, leasing and Sale & Leaseback, plus Marine & Shipping Intelligence before disbursement.
Funding proceeds knowing who really owns the vessel, its flag and its AIS history.
Of eleven competitors we reviewed, none publishes this. We put it in writing because it is your information: it helps you prepare your case, whether or not you work with us.
A registered owner in one jurisdiction and a beneficial owner in another is normal, not suspicious. What is suspicious is not being able to find out.
OFAC and equivalents, on the vessel, the operator and the commercial counterparty. It is not a step before the work: it is the work.
If the transponder went dark at any point en route, that is data — and it is data you need before disbursing.
A per-vessel compliance report, issued before committing capital to a cargo.
In hydrocarbons, due diligence is not a step before the financing. It is the financing.
The natural product for this sector: Contract Advancement →