"He hath founded it upon the seas" is the motto found under the Cayman Islands crest which appears on most official documentation.
It is therefore of no surprise that this tiny island situated in the middle of the Caribbean Sea in the triangle between Florida, Cuba and Central America enjoys a rich seafaring heritage and is host to a first class international shipping registry catering for vessels of all sizes and classes from small yachts to super tankers.
In this article, I explore the reasons why ship financing transactions using Cayman Islands vehicles are and remain a popular option although it must be noted that registration of vessels in the Cayman Islands is beyond the scope of this article and is covered elsewhere.
