Malta-based yacht leasing company St Julian’s Maritime Finance was presented at the Palma International Boat Show (PIBS) that took place from 28th April to 1st May.

Hosted in Palma’s Moll Vell, in recent years the PIBS has grown to become the event that opens the nautical season and is an important gateway for international companies seeking to build relationships and sign deals.

St Julian’s Maritime Finance Chairman Tony Mahoney, CEO Willem Steenkamer, Sales and Marketing Manager Emilis Remeikis and Member of the Board Ron Huggett all attended the show and “enjoyed mingling with clients, brokers and boat yards,” the company said.

The Sunseeker Malta's Charlo Briffa (left) signing an agreement with St Julian's Maritime Finance CEO Willem Steenkamer (right)

“The team brought long-standing expertise in all elements of funding and lending from HSBC, ING, RBS banks, highlighting the ability to issue term sheets for the purchase of new and used boats within the 24 hours from the initial request, the possibility to finance up to 70 per cent at a highly competitive rate, as well as provide all related yachting services for the owner’s convenience,” St Julian’s Maritime Finance added,  “A true one-stop-shop.”

Commenting on the event, Mr Steenkamer said: “It has been a great opportunity for businesses operating in the maritime sector to finally meet again after a few years break due to the COVID-19 pandemic.”

He added that the show is “highly valued” as well as “extremely well organised”, allowing for a “good representation of boats and nautical services” to be present.

Mr Steenkamer remarked that the team “enjoyed” introducing the company’s “attractive yacht leasing service offering to those seeking finance in the range of €500,000 and €10 million through unique and very straightforward products, applicable for new and used yachts that can be used privately or commercially.”

276 companies participated in the PIBS, with a total of 264 boats being on display at sea.

With it being the first boat show of this year’s nautical season, several shipyards chose the event to present their new models, particularly those forming part of the hybrid or electric boat segment, which is “once again growing,” along with “the most sustainable products that are compatible with protecting the oceans.”

St Julian’s Maritime Finance is an independent European asset-backed yacht leasing company based in Malta that specialises “in all yachting needs.”

The company was approved and licensed by the Malta Financial Services Authority earlier this year.