A COMPREHENSIVE SOLUTION FOR RIVER AND CRUISE SHIP INVESTORS
The global passenger cruise industry has entered a new phase of growth, marked by increased complexity, dynamism, and fragmentation. While various maritime experts can be engaged to manage the acquisition or day-to-day operation of any passenger vessel, there has been no comprehensive maritime solutions provider for institutional investors and owners of passenger vessels. PAX is poised to redefine this landscape.
PAX is a fully integrated passenger ship asset management platform, formed through the partnership of the Ship Management Group (SMG) and HSB Capital Corp.
PAX is establishing itself as the premier total asset management partner for the passenger ship markets, dedicated to cultivating, executing, managing, and monetizing cruise assets and projects in collaboration with capital and owning partners. We are focused on quality passenger ship investments and the management of these assets.
SERVICES
INVESTOR & CAPITAL MANAGEMENT
We focus on securing and strategically allocating financial resources for passenger vessel projects and investments.
MARINE & HOTEL MANAGEMENT
We encompass the full spectrum of operational and service aspects for both the nautical and hospitality elements of passenger vessels.
ASSET & PORTFOLIO MANAGEMENT
We provide comprehensive oversight and strategic planning for the lifecycle and performance of passenger ship assets and investment portfolios.
PROJECT CONSULTING & ANALYSIS
PAX collaborates with owners and investors on an ad hoc or project basis to assess and analyze project viability, lending our arms-length, professional expertise to the evaluation of project opportunities.
CHARTER MANAGEMENT
We expertly handle the leasing and operational aspects of passenger vessels under charter agreements.
MARKETING & BRANDING
We develop and execute strategies to enhance the visibility and appeal of passenger ship assets and related ventures.
APPROACH
“BY COMBINING OUR EXTENSIVE EXPERTISE WITH A CLIENT-CENTRIC FOCUS, WE DELIVER TAILORED STRATEGIES THAT ADDRESS SPECIFIC NEEDS AND DRIVE SUSTAINABLE VALUE”
We commit our own human and financial resources to all investment opportunities, seeking to align interests between all stakeholders, thereby ensuring a thorough assessment of each asset, each financial investment opportunity, and most importantly, an assessment of the team that accompanies the investment.
Our approach is thorough yet pragmatic, designed to offer comprehensive asset management solutions that empower our clients to make informed decisions. We achieve this through our robust resource platform, by attentively listening to our investors, and by deeply understanding their vision.
MANAGING PARTNER
JIM BARREIRO DE LEÓN
Jim is a seasoned maritime leader with over three decades of experience, known for his strategic vision and hands-on leadership style. He worked for 12 years for the largest & leading ship management company. • Managed & Inspected all passenger vessel types. • Involved in launch of several brands. • Extensive Operating Expenses Experience. • Founder & CEO of Ship Management Group Inc.
MANAGING PARTNER
HARDIN BETHEA
Hardin is an experienced provider of strategic and financial services to the global maritime industry. He originates, executes and manages maritime projects across all major maritime segments and stages of development, including financings, restructurings and new business formation. • Financed residential cruise company, boutique cruise operator and superyacht platform. • Capitalized vessels and companies across merchant shipping segments. • Co-founded maritime leasing company with European partners. • Founder & President of HSB Capital Corp.
THE PAX COMMITMENT
PAX ENGAGES ONLY IN PROJECTS THAT MEET OUR STRICT STANDARDS OF OPERATIONAL, FINANCIAL, AND COMMERCIAL VIABILITY.
Each opportunity is rigorously vetted by industry professionals with a deep understanding of the passenger shipping sector, not just the asset, but the full business model.
We don’t pursue transactions; we underwrite strategies. Every project we back has been stress-tested, it’s assumptions challenged, and it’s risk assessed. If we’re involved, the fundamentals are proven and the commitment is real.