The world of shipping finance has changed quite a bit since the start of the new year. Markets like dry bulk and crude tankers, which started the year with weaker earnings, have since seen improving rates. Companies: Contships , Sinosure, Hapag-Lloyd, K-SURE , Algoma Central Corporation, Irving Oil, Hyundai Mipo Shipyard , ING Bank , Stephenson Harwood

And while there are many examples of shipping companies choosing to diversify, the pure-play story is not over yet. Companies: Euroseas, Euroholdings, Toro, Robin Energy, Costamare, Morgan Stanley, Cravath, Swaine & Moore, Neptune Maritime Leasing, Costamare Bulkers

New trends are constantly emerging in the ship finance and investment industry. Companies: Teekay Shipping, CMB.Tech, Euronav, Bocimar, Delphis, Bochem, H2 Infra, H2 Industry, Golden Ocean, Hemen Holdings, DNB Markets

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The shipping industry frequently poses unique conundrums when it comes to its relationship with public capital markets. Companies: Edda Wind, Wallenius Wilhelmsen, Electric, Nordea

We have noted over the past few issues of Freshly Minted, somewhat of a decline in dealmaking activity. A good argument could be made that this is due to tremendous amounts of geopolitical uncertainty following the U.S. election results and policy shifts like tariffs or USTR port fees. Companies: Scorpio, SFL, Contships

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U.S. PORT FEE PROPOSAL REVISED
ASSUMED CONSEQUENCES FOR THE SHIPPING SECTORS
SHIPPING STOCKS CAUTIOUSLY POSITIVE

Just last month, Excelerate Energy announced it would be acquiring New Fortress Energy’s Jamaica downstream LNG and power infrastructure assets and business for a tremendous $1.055 billion. Companies: Excelerate Energy, New Fortress Energy, Evercore, Gibson, Dunn & Crutcher LLP, Intrepid Financial Partners , Vinson & Elkins LLP, Venture Global, Barclays, Wells Fargo Bank, Crédit Agricole, DNB Bank, Sumitomo Mitsui Banking Corporation, BNP Paribas, Morgan Stanley, Nordea Bank

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