Maritime Investment Platform

Bespoke capital for vessel-backed transactions.

AGL Maritime Capital is a principal investor in vessel-backed transactions. We finance and invest across the maritime capital structure.

Our approach

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

Who we are

A specialist maritime investment platform, focused exclusively on vessel-backed opportunities — where our own capital creates real value.

We deploy our own capital across the maritime capital structure, committing it to every transaction so that our interests are fully in the deal.

We invest in vessels and vessel-backed transactions, partnering with shipowners, operators and logistics platforms, with a focus on downside protection and reliable execution.

We invest selectively — only where our own capital is decisive to the outcome.

How we invest

Aligned, flexible, and underwritten to the asset.

Aligned by design

We commit our own capital to every transaction we lead, so our incentives sit in the deal from origination through exit.

Flexible across the structure

We invest through debt, hybrid and equity structures for vessel-backed opportunities, sized and structured 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 counterparties and contracts that support debt service and protect asset value through the cycle.

Proven, aligned operators

We back operators with a proven commercial and technical track record in the sectors we invest in.

Structural protection

We tailor security packages — mortgages, pledges and guarantees — to protect capital across scenarios.

How we deploy capital

Structures matched to the transaction.

Credit

Senior, junior and unitranche capital for vessel-backed acquisitions and refinancings.

Leasing & Sale-Leaseback

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

Equity & Control

Control and significant minority positions in asset-heavy maritime platforms — where we stay involved after execution to steer the asset and protect 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

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

Counterparty geographies — Asia, Europe & the Mediterranean

Credit · Lease · Equity

Across the full capital structure

Car carriers · Europe · 2024

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. He has held senior positions across 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 equity-investing 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