RMK Maritime is an independent, maritime advisory and investment firm based in London and New York.
The maritime industry enjoyed an unprecedented boom amongst all major sectors during the last decade, which culminated in substantial global fleet growth. As a record orderbook began to deliver, demand slowed due to the financial crisis. It quickly became clear that the traditional capital structures and debt profiles were ill suited for the volatility of a highly cyclical industry.
As the maritime industry emerges from this downturn, it is the belief of RMK that this capital-intensive industry needs to consolidate, improve transparency and become more institutional investor friendly with a broader array of financing options.
RMK, with our 75 collective years of maritime finance experience, expects to be at the center of this next investment cycle and we look forward to advising our diverse client base on the most creative and sensible ways of investing in this essential global industry.
Richard Moore is co-founder and Managing Director of RMK Maritime. Richard has worked in commercial shipping and finance for more than 20 years. He has worked in the ship owning, finance and broking industries, and previously sat on the Board of a Greek tanker company.
Prior to co-founding RMK Maritime, Richard ran SynCap Marine Limited a London based ship broking and investment company and its predecessor company Synergy Finance, established in 1999. The company structured over $3 billion of shipping assets under tax and non-tax reflected leases for ship owners and direct investments on behalf of private equity clients. SynCap Marine was set up to manage the vessels and investments on behalf of investors.
Richard originally trained as a tanker broker with Giles Pritchard-Gordon Ltd and as a sale & purchase broker with Hintz Lea Davis Limited and with Braemar Seascope PLC. He is a Liveryman with the Worshipful Company of Shipwrights.
Michael T. Kirk
Michael Kirk is co-founder and Managing Director of RMK Maritime. At RMK, he focuses primarily on financial analysis and structuring. He has worked in finance for more than 12 years, the last 9 of which have been in maritime finance.
Prior to co-founding RMK Maritime, he founded MTK Capital, LLC a US-based maritime advisory boutique that was active in helping match institutional investors with maritime opportunities, in the year before co-founding RMK, he raised $80M for DHT Holdings (NYSE: DHT), a crude tanker company and $32M for a private US-based drybulk owner-operator. Both transactions were led by large US-based funds.
Within the maritime financial sector, Michael has worked at Dahlman Rose & Co. as a Vice President and DVB Bank AG as an Associate Vice President in the London office. Prior to DVB, he worked at HSBC in London in the Energy & Utilities Investment Banking Group. Michael graduated from Columbia University with a concentration in Economics.
Alan Pinto is a Managing Partner at RMK Maritime. Alan has 20 years of experience in finance, most recently at Dahlman Rose and Co, where he helped establish and grow its institutional distribution platform, from the firm's inception in 2003.
While at Dahlman Rose, Alan advised the largest Hedge Funds and Private Equity Funds in the industry on investments in Maritime, Energy, Mining, Agriculture, Commodity Chemicals, Ground and Air Transport and Precious Metals. Alan was also the sole individual on Dahlman's distribution team to place strategic, private investments in Maritime green-field private equity transactions, as well as structured, distressed investments. Alan graduated Georgetown University with a concentration in Economics.
Mark McCarthy has spent over 25 years working in ship finance. Mark’s career commenced in the Royal Bank of Scotland in the 1980's where he was first introduced to the shipping industry. Following Royal Bank, he spent several years at Berliner Bank in London, charged with building up the bank's shipping portfolio and taking responsibility for a number of complex recovery cases within the legacy loan book.
Mark also worked for six years as a ship finance consultant and adviser at Eurofin and Seascope Capital (Braemar Seascope). In 2002, Mark joined Sovereign Finance (Alliance & Leicester) to build up a ship finance portfolio of UK tax lease and debt transactions, building the book to a peak exposure of US$3.5 billion, encompassing operating and finance leases, as well as bilateral and syndicated debt.
Most recently and prior to joining RMK Maritime, Mark was responsible for the Shipping Portfolio at Santander Bank (prior to acquisition by Banco Santander, Alliance & Leicester Bank) and ultimately winding down the shipping book following the banks' change in strategy. Mark dealt with numerous restructuring, including efficient exit of tax leases, debt restructuring and security enforcement.