Also, last week, Maritime Partners, LLC (“Maritime Partners”) announced the successful closing of a $600-million warehouse facility between several special-purpose, wholly owned subsidiaries of one of its managed funds and a syndicate of lenders led by ATLAS Securitized Products Holdings, L.P. (“ATLAS SP”), which included two new lenders, Deutsche Bank and Bank of America. Companies: Maritime Partners, LLC, ATLAS Securitized Products Holdings, L.P., Deutsche Bank

Earlier this month, Bonheur ASA successfully priced a new five-year senior unsecured green bond issue of NOK 600 million, which represents the initial amount drawn from a borrowing limit of NOK 1,000 million. Companies: Bonheur ASA, Fred. Olsen & Co, Fred. Olsen Renewables, Fred. Olsen Seawind, Fred. Olsen Ocean, Fred. Olsen Windcarrier, Global Wind Service, United Wind Logistics, Fred. Olsen Cruise Lines, DNB Markets, Pareto Securities

We present and analyze the peer group results.

Last week, Crowley and SEACOR Holdings announced that they had agreed to form a joint venture that will integrate their liquid energy and chemical transportation vessels, operations, and related services into a new, independent U.S. Jones Act service provider, Fairwater Holdings LLC. Companies: Crowley, SEACOR Holdings, Fairwater Holdings LLC

Having previously rounded up AMSC, Maritime Partners LLC last week announced that one of its managed funds acquired U.S. Marine Management LLC (“USMMI”) from Maersk Line, Limited (“MLL”). USMMI was founded 40 years ago to support the conversion and operation of five Maritime Prepositioning Ships on behalf of the United States Navy.

Last week, Hafnia Limited announced the signing of a Sustainability-Linked Credit Facility of up to $303 million, which matures in early 2029. The new facility is structured as an amortizing revolving credit facility and is secured by a fleet of nine chemical tankers. Companies: Hafnia Limited, BNP Paribas, Citibank, Danske Bank, DBS Bank, IYO Bank, Nordea Bank, Oversea-Chinese Banking Corporation ("OCBC Bank”), Standard Chartered Bank

For 30 years, the editorial team at Marine Money has been producing an annual ranking of the of the shipping industry’s leading public companies based on a variety of financial metrics. We present this data based on the specific sector that each company operates in, so that the information can be used for benchmarking against peers.

Last week, Navios Maritime Holdings Inc. (“Navios Holdings”) announced that its board of directors had received an unsolicited non-binding proposal from N Shipmanagement Acquisition Corp. (“NSC”). Companies: Navios Maritime Holdings Inc. , N Shipmanagement Acquisition Corp. N Shipmanagement Acquisition Corp.

Last week, International Seaways, Inc. (“INSW”) entered into a $160 million revolving credit facility (the “Revolving Facility”) with attractive terms. Amortizing on a 20-year age-adjusted profile, the Revolving Facility, which matures on March 27, 2029, bears interest based upon Term SOFR plus 1.90% and is subject to a sustainability-linked pricing mechanism, which allows the margin to be decreased or increased by 0.075% depending on whether it achieves or fails to meet its KPI targets. Companies: International Seaways, Inc., Nordea, ING, Crédit Agricole CIB, DNB Markets, Danish Ship Finance, SEB

Last Friday, Star Bulk Carriers Corp. announced that it had entered into a repurchase agreement with an affiliate of Oaktree pursuant to which Star Bulk agreed to purchase from the seller 10 million of its common shares at a price of $18.50 per share, which represents a premium of 4.7% above the prior day’s closing price. Companies: Star Bulk Carriers Corp., Oaktree

Also, last week, MOL Chemical Tankers Pte. Ltd. (“MOLCT”) and Fairfield-Maxwell Ltd. announced that they have agreed in principle to a transaction in which MOL Chemical would acquire the business of Fairfield Chemical Carriers (“FCC”) in an all-cash transaction for approximately $400 million. Companies: , MOL Chemical Tankers Pte. Ltd. (“MOLCT”), Fairfield-Maxwell Ltd., Fairfield Chemical Carriers

It has been a hectic period in Oslo, where shipping companies have made debt capital markets bankers earn their wages. Over a four-week period, issuance has exploded with a new bond offering weekly. Companies: Wallenius Wilhelmsen, Klaveness Combination Carriers, Ocean Yield, Bonheur, Stolt-Nielsen Limited, Stolt Tankers, Stolthaven Terminals, Stolt Tank Containers, Danske Bank, DNB Markets, Nordea, SEB