Navig8 selling to ADNOC for around $1.5 billion. Oaktree offloading $250 million of shares in Torm. Ridgebury and Lomar completely exiting the tanker and container markets, respectively.

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Over the past few weeks, Belships ASA (“Belships”) has made numerous headlines for everything from their competitive debt refinancing, activity in S&P markets, newbuild orders, divestments, and solid 1Q results. Companies: Belships ASA, DNB, Nordea, SpareBank 1, Lighthouse Navigation Pte. Ltd, Lighthouse Navigation Management AS

NBF has been actively providing financing to shipping, offshore, and bunkering companies in the Gulf region for many years, but this is their first deal with Euroseas. Companies: Euroseas, National Bank of Fujairah PJSC

Last week, almost 200 dealmakers convened in the sunny city of Oslo to do that thing they love to do best: talk about doing shipping and offshore deals! There was even a round of Kahoot alongside industry titans to gauge industry sentiment. Shocker alert: It’s pretty positive!

This month, Klaveness Combination Carriers (“KCC”) is joining the frenzy of bond issuances in Norway for “general and corporate purposes” as well as possibly the refinancing of debt with the help of Nordea, Danske, Pareto, and SEB. Companies: Klaveness Combination Carriers , Nordea, Danske, Pareto, SEB

When ordering a ship, amongst factors like quality, cost effectiveness, speed of delivery, and more, undoubtedly Korean shipyards are part of the discussion. Companies: Korea Ocean Business Corporation , Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine , Yang Ming Transport, Ocean Network Express, Maersk, Korea Development Bank, BNP Paribas, Crédit Agricole Corporate and Investment Bank, ING Bank N.V., J.P. Morgan Securities plc, Standard Chartered Bank, KB Securities Co., Ltd., Paul Hastings LLC

When it comes to diversifying your roster of active lenders, there is nothing quite like having a series of eco-friendly newbuildings on solid time-charters – and the help of an arranger like Alantra. Companies: Alantra, Euroseas, EuroDry, National Bank of Fujairah

With restless shipowners loaded with cash and looking for things to buy, the pace of take-private transactions remains robust – but finding deep value in the public markets is getting more challenging as shipping share prices continue their meteoric rise. Companies: Notos Group, Saltchuk, Overseas Shipholding Group, Mediterranean Shipping Company, Gram Car Carriers, CMA CGM, Hoegh, Wallenius, Hyundai, Fearnley Securities, Jefferies, DNB Markets, SAS Shipping Agencies Services, Wikborg Rein Advokatfirma AS, Capient AS, Advokatfirmaet Thommessen AS, Totem Ocean Trailer Express, U.S. Department of Energy, Evercore, Fried, Frank, Harris, Shriver & Jacobson LLP, K&L Gates LLP, BDT & MSD Partners

While many maritime sectors enjoyed all-time highs during the pandemic, the same could not have been said about the cruising industry. Until recently, most of these vessels were seen heading to scrap yards, being sold at fractions of their original purchase prices, and there was even talk of possible bankruptcies. Companies: Villa Vie Residences, HSB Capital Corp, NRP’s Premium Maritime Credit Fund , Wikborg Rein, Fred. Olsen Cruise Lines,

After “household name” ship lenders like Royal Bank of Scotland, Bank of Scotland, HSH, NORD/LB, and a variety of other centuries-old shipping banks exited the ship finance market after the Great Financial Crisis, we at Marine Money began preaching about the importance of expanding funding sources.

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