Maritime Investment Platform

Principal capital for vessel-backed transactions.

AGL Maritime Capital invests across the maritime capital structure, providing flexible credit, leasing and equity capital for vessel-backed opportunities.

Our approach

Dubai · London · Athens Specialist / Vessel-Backed / Aligned

Who we are

A specialist maritime investment platform focused exclusively on vessel-backed opportunities.

We deploy our own capital across the maritime capital structure, ensuring our interests remain directly aligned with those of our partners.

We invest in vessels and vessel-backed transactions alongside shipowners, operators and logistics platforms, combining disciplined underwriting with flexible structuring and a focus on downside protection.

We invest selectively, pursuing opportunities where our capital, sector expertise and structuring capabilities can create a clear advantage.

How we invest

Aligned, flexible, and underwritten to the asset.

Aligned by design

We commit our own capital to every transaction we lead, maintaining direct economic alignment from origination through exit.

Flexible across the structure

We invest through debt, hybrid and equity structures, sized to the specifics of each transaction.

Underwritten to the asset

We underwrite first to security, structure and cash-flow strength. Upside follows from alignment and disciplined execution — not from leverage alone.

Investment criteria

What we look for.

Asset quality & pricing

Flexible across vessel types and geographies — we invest where asset quality, structure and pricing create attractive risk-adjusted returns.

Cash-flow visibility

We prioritise contracted or reliable revenue — counterparties and charters that support debt service and preserve asset value through the cycle.

Proven, aligned operators

We back operators with proven commercial and technical track records, strong execution capabilities and meaningful alignment of interests.

Structural protection

We tailor security packages — including vessel mortgages, share pledges and guarantees — to preserve capital and mitigate downside risk.

How we deploy capital

Structures matched to the transaction.

Credit

Senior, junior, unitranche and structured credit for vessel-backed acquisitions, refinancings and special situations.

Leasing & Sale-Leaseback

Lease and sale-and-leaseback structures that release capital against maritime assets.

Equity & Control

Control and significant minority investments in maritime assets and asset-backed platforms, with active involvement throughout ownership to support execution and preserve value.

Representative transactions

Capital led across the maritime structure.

We invest as principal — originating, leading and financing vessel-backed transactions across credit, leasing and equity. The positions below illustrate the breadth and discipline of that approach.

USD 500m+

Transaction value originated, led & structured

Asset sectors — gas, dry bulk, tankers, containers & car carriers

Counterparty geographies — Asia, Europe & the Mediterranean

Credit · Leasing · Equity

Across the full capital structure

Car carriers · Europe

USD 67m

Leasing · sale-leaseback

Sale-and-leaseback of a PCTC for a European multimodal operator.

Gas carriers · Asia

USD 20m

Senior secured credit

Acquisition financing for two gas carriers acquired by an Asia-based group, secured on the vessels and earnings.

Dry bulk · Europe

USD 16m

Unitranche

Single-tranche facility for a Panamax bulk carrier acquired by an Italian operator — senior-style security with equity-linked upside.

Tankers · Greece

USD 16m

Credit · refinancing

Refinancing of a tanker fleet for a Greek logistics sponsor — optimised leverage against contracted charters.

Figures denote total transaction value originated, led, or structured by AGL as principal. Details generalised to preserve confidentiality.

Leadership

Led by principals.

Antonis Mavros

Principal

AGL Maritime Capital is led by Antonis Mavros, a principal investor with deep expertise in structured finance and equity investment. His experience spans senior roles in credit ratings at S&P Global Ratings, capital markets at the London Stock Exchange, and asset management at UBS Asset Management — pairing rigorous credit analysis with capital-markets execution and principal-investment judgement.

That foundation shapes how AGL underwrites risk, structures capital and invests across the maritime structure — as a principal that commits its own capital to the transactions it leads.

Contact

Discuss a transaction.

If you are a shipowner, operator or sponsor with a vessel-backed transaction that needs principal capital, we would be glad to hear from you.

Telephone

+44 (0) 20 4576 2018

contact@aglmaritime.com

Offices

Dubai · London · Athens