The aim of the article is a synthetic presentation of the complex process of financing investments related to
shipbuilding and purchase. The first part presents the concept of shipbuilding cycles and the relationship between the shipbuilding industry and the shipping market. The paper then reviews the concepts and literature
related to the shipbuilding industry, shipbuilding financing, and ship purchase. Lastly, the current state of the
shipbuilding market is described. The results of the analysis indicates possibilities of financing the purchase of
new vessels including mortgage bonds.