Overview

Theisen provides professional services in corporate finance and financial risk management to the international shipping and offshore oil and gas industries. Theisen was incorporated in 1989 and is authorised and regulated in the United Kingdom by the Financial Conduct Authority (FCA).

The corporate finance division provides ship owners, investment firms and banks with investment advice, strategic financial planning services and debt and equity arranging. Theisen has advised and arranged on more than $16bn of shipping related finance.

The risk division provides banks, active in shipping finance with cutting edge credit risk assessment models approved by European bank regulators for capital allocation under BIS Basel III Advanced IRB. The stochastic models provide transaction PDs, LGDs and Risk Weights to calculate the required regulatory capital. Theisen has been involved in advising banks on their internal credit rating systems for over 10 years and its models are currently used to analyse more than $75bn of bank shipping debt.

The risk division also provides shipping debt investors with portfolio loss assessments and mapped credit rating agency grades and equity investors with probability weighted rates of return.

Corporate Finance

By combining its staffs’ shipping finance expertise with its extensive shipping database and advanced financial analytics, for the last 28 years Theisen has provided its bank, ship owner and investor clients with debt and equity arranging information memorandum and access to capital. Our FCA authorised status allows us to provide financial advice to companies raising debt & equity. Our expert and professional service is optimised by using our strategic financial planning and advanced risk assessment models.

Credit Risk

Theisen is a market leader in providing external credit risk assessment models and related data to banks for the assessment of shipping debt transactions and portfolios. Theisen can also provide and advise upon credit ratings for individual shipping debt transactions, for shipping projects, for company ratings and for bank/investor shipping portfolios for regulatory capital and IFRS9 accounting purposes.

Financial Analytics

Using its extensive shipping database and advanced financial planning/credit risk software, Theisen’s analysts provide banks, ship owners and investors with independent ship valuations, medium term earnings / ship value forecasts and in-depth financial analysis of shipping projects and assessment of new and existing shipping debt portfolio risk.