Be prepared. Scorpio Bulkers took this admonition to heart as it carefully manages its balance sheet to build its liquidity in these uncertain times.

For the seventh time, Diana Shipping Inc. successfully concluded a tender offer for its shares, which commenced on January 3, 2020 and expired on February 3, 2020.

Making use of the tap features on two previous issues, Odfjell raises NOK 200 million to refinance existing debt.

In an upsized offering, Stena successfully raises $700 million in Euro and Dollar denominated notes.

Also desirous of having sufficient liquidity, MPC Container Ships traveled to Oslo to successfully raise additional equity in a private placement.

Golar LNG Partners to issue up to $120 million of its 8.75% Series A Preferred Units through an ATM offering managed by B. Riley FBR.

This is not a trick question. For public shipping companies, there may be an option to revert back to a more private life as evidenced by private equity's interest in Teekay Offshore and Seaspan. Initially, private equity was captivated by the cyclical nature of shipping and the possibility of...

In his report last week entitled "Fear and Pain. Taking a Deep Breath," Amit Mehrotra provides a perspective on the sell-off of shipping equities as a result of accelerating coronavirus fears and what really matters.

What is OET's motive in unwinding its recently concluded VLCC sale-leaseback transaction with Ocean Yield. A lack of flexibility? An issue with the sub-charter? With the vessels having just been delivered last year, it seems unlikely that the transaction could be terminated without an expensive make-whole. But that's up to the arbitrator.

The sale of a business and three Suezmax tankers along with a new 5-year $533 million RCF to refinance existing debt increase Teekay's liquidity and position it for the future.

A look at all the deals we observed over the month of January, 2020

Once in a while, we read something totally unrelated to shipping on the surface, but which somehow manages to trigger in our mind a tenuous, perhaps far-reaching connection. In this instance, it was an article entitled "What I Learned in Avalanche School"[1] which paired knowledge with behavior and the risks of "the more you know...." Ponder this.