Splash Extra: Tokyo switches off the JOLCO tap

Japanese operating leases with call-option financing structures, known as JOLCOs, will soon become unavailable to foreigners seeking new construction in a set of tax reforms to be unveiled by the government in Tokyo, according to today’s main story in the January issue of Splash Extra.

The loss of JOLCO funding comes at a time when other streams of Asian ship finance have dried up, particularly with the series of arrests of leading names in the Chinese ship leasing sector.

Elsewhere in the monthly subscription title, there is regular market commentary on the key shipping segments, the best of January’s analyst commentary, a highlight at what drives the S&P markets at the moment while this problem is interview section is with one of maritime’s best-known interviewers, Lena Göthberg, whose Shipping Podcast is one of the original and most listened to maritime audio programs in the world.

January’s in-depth feature considers whether more shipowners will piling into the booming offshore wind sector.

Published on the last Wednesday of each month and priced for as little as $200 per year, Splash Extra serves as a concise monthly snapshot that ensures readers are on top of where the shipping markets are headed. For more details on Splash Extra subscriptions, click here.


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