In the latest edition of the Freshly Squeezed Podcast, host Tom Lemmon sat down with two shipping experts: James Lightbourn, Founder of Cavalier Shipping, and Stefan Augustin, Head of Relationship Management EU at ARC Ratings.

Discussing shipping securitization on a structured finance podcast is somewhat unusual, not least because as of yet there isn’t really a shipping securitization market. There are precisely zero outstanding public transactions, and just a handful of private deals.

However, in this episode Lightbourn and Augustin explain why the prospect of shipping securitization could be crucial to the sector as it goes through the journey of refinancing and renovating the worldwide shipping fleet over the coming years.