National Shipbuilding Strategy – Home Shipbuilding Credit Guarantee Scheme – Survey

You may be aware that the UK Government is developing a business case for a Home Shipbuilding Credit Guarantee Scheme, which proposes the introduction of a UK Government backed guarantee at a market-oriented price to finance the purchase of UK ships by UK buyers. This aims to help UK vessel owner/operators and prospective buyers to access finance when commissioning new vessels or undertaking vessel refits and repairs.

Stakeholders are being invited to complete this survey as soon as they can and by 14th February if possible.  The survey is accessed via this link and will assist the UK Government’s research into what other financing options exist in the ship building market, where there may be a market gap and demand for a UK Government guarantee scheme.