Alternative financing may sound like something that small and medium-size shipowners do now that they have been shut out of the traditional ship finance market.

But that is not always the case, as Wafra Capital Partners vice-president Joseph Cipolla was happy to point out at this week’s annual Capital Link International Shipping Forum.

Speaking on a panel, Cipolla said Wafra’s target audience included not only those small and medium owners but “some of the larger, well-established and well-banked organisations”.

“Instead