The logic of ordering newbuilds is that by 2030, when these orders are delivered, the new vessels will have a big technological advantage over the by then 15- to 20-year-old vessels, which will be 30% to 40% of the fleet.

Bruton and Capital Tankers’ stated plans to pay out 30–40% of free cash flow and MPC and Storm’s new platform for 20–50% stakes with co-investments.

From the Marine Money conference in Oslo: Four CFOs on borrowing well in the best financing market since 2008.

Singapore has been voted the most successful global hub in shipping for several years. This is largely due to government support and, in particular, the pioneering efforts of the MPA (Maritime and Port Authority of Singapore). On Sept. 22, we had the honor of having the Deputy Chief Executive Yi Zhuan Chin of the MPA give opening remarks at our 25th Marine Money Week Asia conference.

Greece is the largest ship-owning nation in the world; Greek owners account for roughly a fifth of the global fleet. More often than not, decisions made by Greek shipowners turn out to be the right ones.

Few shipping companies have pulled off a balance sheet transformation as visibly as Global Ship Lease (GSL).

Tanker earnings are up sharply since the start of the war involving Iran, Israel, and the United States, and many believe the market still has plenty of room to climb further. The truly unprecedented situation, which has grabbed headlines across the maritime trade press and mainstream media alike, is unprecedented.

“Why are you selling equity in your ship?” I asked a friend.
“Because,” my friend replied. “I didn’t want to miss the chance to sell something in this hot market. Besides, I was bored in my summer cabin and wanted to do something fun, so I structured the deal.”

It’s not every day that Greek dry bulk owners are buying into containerships. Icon Energy Corp. (Nasdaq: ICON) is doing it anyway, in small pieces.

With shipping markets elevated almost across the board, the closing session of Marine Money Asia Week asked a deceptively simple question: where does value remain when everything looks expensive? A banker, a fund manager, an analyst, and a tokenization entrepreneur weighed in.

Earlier this month, Star Bulk Carriers, a U.S.-listed owner of dry bulk tonnage, successfully completed a public offer to sell new shares in its home country, Greece.

Greek shipowners have traveled far and wide to find sources of capital in order to build fleets and to become the world’s largest nation group in terms of vessel ownership.