top of page
Halftone Image of Crowd

MARKET INTEL:

Deal Analysis, Market Commentary, Company Spotlight and Much More

Keyword Search

REFINE SEARCH

Date: From

Date: To

Category

Top of Index

Guggenheim Credit Provides $150M to Great Lakes Dredge & Dock

May 9, 2024

Dredging is the behind-the-scenes sector for the success and preparation of projects you may not have realized: maintaining channels and ports, deepening them, developing barrier islands, even offshore wind. Companies: Guggenheim Credit Services, Great Lakes Dredge & Dock Company, Guggenheim Credit Services LLC

Oak Tree Sells, Blue Ocean Buys…and the Offshore Exits Have Begun!

May 9, 2024

Different investors have different risk profiles, which is what makes the market so interesting. A good example of this is the market for vessels that support Offshore Wind and Offshore Oil & Gas installations. Companies: Golden Energy Offshore Services, Oaktree Capital Management, Blue Ocean Partners

Baltic Exchange Investor Indices: Tools for New Investment in Shipping

May 2, 2024

With shipping having made headline news amidst many supply chain disruptions, interest from outside the industry has peaked and the Baltic Exchange has practically become a household name. Companies: Baltic Exchange,

Fearnley Securities, Jefferies Advise Gram on $700m Takeover Bid by MSC Subsidiary

May 2, 2024

Car carriers are the rage! Wait, what? Did we just say car carriers? Yes, we did. This usually sleepy sector of industrial shipping has exploded in dealmaking activity and profitability in recent months. Companies: Wallenius Wilhelmsen, Höegh Autoliners, Gram Car Carriers, SAS Shipping Agencies Services, Fearnley Securities, Jefferies, DNB Markets, ABG Sundal Collier, Wikborg Rein Advokatfirma AS, Capient AS , . Advokatfirmaet Thommessen AS

Summit Ridge, Panorama Provide $94M to Compagnie Maritime Monégasque

May 9, 2024

Huh? Not all capital raises for offshore companies occur in the delightful city of Oslo? Apparently not. What, you want proof of this shocking revelation? Companies: Compagnie Maritime Monégasque , Summit Ridge Capital Partners, Panorama Capital Partners, International Trade Administration, Petrobras

Svitzer Becomes Latest in Legacy of Maritime “Spin-Offs”

May 9, 2024

Spin-offs, AKA “demergers,” are usually a winner for shareholders. Although there might be an adjustment period during which the market “discovers” the appropriate price for each of the shares, it is generally acknowledged that the mechanical act of spinning off creates value. It also creates an opportunity for investors to allocate capital to “pure plays.” Companies: Teekay Shipping, Teekay Offshore, Teekay LNG, Teekay Tankers, SEACOR Holdings, American Industrial Partners, Castor Maritime, Stealth Gas, Seanergy, Diana Shipping, United Maritime, A.P. Moller - Maersk, Svitzer Group AS, Svitzer AS, Nasdaq Copenhagen, OSG, International Seaways, Navios

DNB, Arctic, and Clarksons Assist Shelf Drilling with $315m Issuance

May 2, 2024

One of the newest offerings, by a subsidiary of Shelf Drilling, Shelf Drilling North Sea, recently completed a deal with proceeds used to refinance bonds maturing in October 2025. Companies: Shelf Drilling North Sea, Shearwater, DNB Markets, Arctic Securities, Clarksons Securities

Adrian Economakis is back in Maritime as the CEO of Intelligent Seas Group

April 25, 2024

This week, the Marine Money team caught up with our friend Adrian Economakis to learn more about his newest venture. As many of you know, Adrian was a regular feature on the Marine Money circuit for VesselsValue and really built that business to what it was before the sale to Veson. Companies: VesselsValue, Veson, Intelligent Seas Group

Geveran Invests $47.5M into Edda Wind…Mr. Messi Wants You!

May 9, 2024

Could there be a vote of confidence more satisfying than when John Fredriksen, the king of all shipping men, becomes your largest shareholder? Companies: Geveran Trading, Edda Wind, Østensjø Wind AS, Wilhelmsen New Energy AS, PS Ventures

​

​

​

Read more...

2024 Nordic Bond Recap – New Additions Keeping the Bankers Busy!

May 2, 2024

This year is shaping up to be a good one for Nordic bond markets. There are a variety of reasons for this including the large number of companies with debt maturities and commercial bank market’s “tepid” interest in lending to the offshore sector. Companies: Shelf Drilling , Color Line, OKEA ASA

Deep Dive into Recent Newbuild Financings

April 25, 2024

The Danaos deal inspired us to take a look at some of the other newbuilding financings that have been concluded so far in 2024. Companies: MOL, COSCO, Xiamen Financial Leasing, Seaspan (Atlas), Hyundai Glovis

bottom of page