Every year, the Marine Money Deals of the Year Awards shine a spotlight on the transactions that don’t just move capital—they move the industry. Behind every deal is a team of shipowners, bankers, advisors, and lawyers working together to bring bold ideas to life. This issue is our celebration of their success.

Traditional infrastructure assets are attractive investments usually for a few reasons: low volatility, consistent (but lower) returns, and high barriers to entry (like tremendous capital), which significantly decrease risk. Companies: MPC Capital , Eurazeo, Diana, Windward Offshore, Crédit Agricole, NYK Lines, Northern Offshore, DEME, Havfram, Sandbrook Capital, Goldman Sachs , Thommessen,

The beauty of M&A transactions is that there are many strategic reasons to pursue them, whether the market is up or down. Companies: Euroseas, Costamare, Toro, Teekay Shipping, Navios Maritime Partners, Svitzer, A.P. Moller – Maersk, A.P. Moller Holding , EnTrust, Belships ASA , CMB.Tech, Bocimar, Hemen Holdings, Golden Ocean

WILL CONTAINER CHARTER RATES FOLLOW FREIGHT RATES?
THE TIDE HAS LIFTED ALL BOATS (SECTORS)

Shipping equities present an interesting conundrum. When markets are healthy and bullish, equities do not just appreciate, they trade much closer to or at NAV, and sometimes at a slight premium to it. Companies: Berge Bulk , Genco Shipping & Trading, Star Bulk, Sissener Canopus , BW Group , Hafnia, Torm

BULKERS LEAVE THE SEASONAL TROUGH
LINER SECTOR WITH SUBSTANTIAL GAINS

After a difficult year of sparse lending, 2025’s weaker market has created new opportunities for lenders as shipowners preserve cash and liquidity. Companies: Scorpio, Frontline, Star Bulk, Hapag-Lloyd, Danaos, Rand Logistics, PNC Bank, Saltchuk, OSG, Maritime Partners, AHTC, Lower Lakes Towing, American Industrial Partners, Oaktree Capital, Duration Capital, American Steamship

While 2025 has not quite seen the same run-up in asset valuations, hire rates, and equity prices as the previous year, many things remain extremely similar. For one, investor appetite for shipping debt remains high. Companies: MPC Container Ships, Ocean Yield , Navigator Holdings, Arctic Securities , DNB Research

On March 24th and 26th, public hearings were held in regards to the U.S. Trade Representative’s proposed actions to: (1) Impose a significant port fee on Chinese maritime transport operators and operators with current fleets of Chinese-built vessels (including operators with orders for such vessels, and (2) impose requirements for the increased use of U.S. vessels to carry U.S. goods in coastwise and international transport from U.S. ports. Companies: the U.S. Trade Representative, KfW-IPEX , HCOB, NIBC, AVIC Leasing, Asia Pacific Shipping

Spin-offs are not the only way shipping companies are going public in 2025.

Building a shipping loan book is not all about writing the largest tickets. While writing that check with extra zeros may be coveted by major lenders trying to “move the needle” on their massive portfolios of shipping loans – it is not so easy to do. Companies: Hamburg Commercial Bank, NIBC, KfW IPEX-Bank, Langh Ship, PaxOcean, Langh Tech, Borchard Lines, Carisbrooke Shipping , Thecla Bodewes Shipyards

John Fredriksen keeps on surprising the shipping industry. As we wrote about a few weeks ago, and what the industry as a whole was raving about, was Fredriksen’s recent shortlist of shipping divestments. Companies: Avance Gas, Golden Ocean Group Limited , CMB.Tech, Seatankers., Frontline, SFL, Flex LNG, Star Bulk , Famatown Finance, Eagle Bulk, Oaktree, International Seaways, Euronav, Scorpio, DHT