SSY continues global expansion of Ship Finance division with senior appointment in China

SSY, the world’s largest independent shipbroker has today announced the appointment of Terry Chen to the newly created role of Head of Ship Finance (China), effective immediately.

An industry veteran with over two decades of experience in the shipping, finance and investment sectors, Chen is widely recognised as a leading player within the ship leasing community in China and is well known for his extensive experience in concluding intricate and detailed lease transactions. Originally graduating from Jiangsu University of Science and Technology, Chen went on to hold a series of senior positions at CSIC Leasing, Taiping & Sinopec Financial Leasing and Minsheng Financial Leasing before becoming Partner at Hongdao Capital.

In addition to SSY’s dedicated finance desks in London, Oslo and Singapore and as a result of Chen’s appointment, the Ship Finance division has expanded its global footprint with a new dedicated desk in Shanghai, thereby providing dependable, bespoke and local expertise to SSY’s customer base.

Speaking on today’s announcement, Ali Susanto, Global Co-Head of Ship Finance comments; “We’re delighted to welcome Terry to the team. As a result of his appointment, SSY has gained a truly trusted and experienced professional who is incredibly adept in the field of Ship Finance and particularly so in China. With Terry on the team, we will be able to provide comprehensive assistance to lessors and financiers, extending beyond mere transaction facilitation to encompass detailed information provision and industry analysis”.

SSY’s dedicated finance desks work with an extensive global network of institutional investors, banks, specialised funds, family offices and leasing houses. Providing bespoke, unbiased and impartial advice as well as arranging, structuring and execution services covering all aspects of ship finance, shipping investments, mergers and acquisitions, divestments and restructurings.

ENDS

SSY Press Contact: Michael Mervyn-Jones

E:         m.mervyn-jones@ssyglobal.com

T:         +44 (0)7702 696 306

About SSY

Established in 1880, SSY has grown to become one of the biggest and most trusted names in broking, operating around the world via its 24 local offices.  Our 500 experts cover a range of major markets including Dry Cargo, Tankers, Derivatives, LNG, Sale and Purchase, Offshore, Chemicals, Towage and Ship Finance.

SSY has a global reach with offices in Athens, Copenhagen, Dubai, Geneva, Genoa, Hamburg, Hong Kong, Houston, Kristiansand, London, Madrid, Mumbai, New York, Oslo, Rio, Seoul, Shanghai, Singapore, Stamford-USA, Sydney, Tokyo, Vancouver, Varna, Zug.

www.ssyglobal.com