2018's surge of syndicated loans, due to a reawakening of lending to the offshore industry, reversed a years-long march of Chinese lessors up the marine lending / leasing rankings.
With the industry continuing to trade at substantial discounts to NAV, Diana Shipping increased itstender offerfor an additional $10 million of shares.
When it comes to creating opportunistic, well-structured, high return, limited downside shipping projects there is simply no one better than the Norwegians. So why isn't the "Smart Money" from the US and UK participating in more of them?