In the good old days, perhaps not so long ago, no public company or its bankers would consider doing a public transaction of less than a $100 million as the fees and costs made them uneconomical. In today's world, there are fewer...

With a substantial newbuilding shuttle tanker order book, Teekay Offshore continues the process of putting financing in place using multiple instruments

No one could possibly anticipate a pandemic. But with fortuitous timing, Maximilian Otto and his partners married ship finance with technology to create an innovative digital platform which is perfect both for these times and for the future. They describe it as "ship finance, simplified."

Talk about mission impossible. It had been over a year since the last public equity deal was done, which explains why there was no deal of the year in this category last year. When it came to shipping, equity investors were at best disinterested, and the market stagnant...

Earlier this month I gave a presentation to an invited audience of oil tanker owners. This in itself is not unusual. What was unusual on that particular day was the ballistic rise in oil tanker earnings. The freight market was spooked by US sanctions on elements of the COSCO ship owning behemoth, by Exxon's refusal to hire any ship that had...

On Wednesday, Marine Money presented its fourth webinar entitled "Shipping CFOs in a Pandemic" a discussion with Jeffrey Pribor, CFO of International Seaways, and Alan Ginsberg, CFO of McAllister Towing, hosted by Ted Horton, a Partner at Seward & Kissel.

Forgive us for bastardizing Thomas Paine's famous quote, but these are challenging times for all. The economic collapse from COVID-19 has left companies bereft of revenues with survival dependent on cost-cutting or raising capital. The Norwegians have a simple and elegant solution.

When it comes to financing, this company follows the KISS principle, an acronym for "keep it simple, stupid" or "keep it stupid simple," a design principle first floated by the U.S. Navy in 1960. The company's approach to financing is...

The containership leasing model, with its long-term contracted revenues and resulting cash flows make it an ideal investment vehicle for investors seeking stability and a return on capital in a highly cyclical industry. However, the fixed revenue stream is a double-edged sword...

Back in March, Frontline Ltd. concluded the acquisition from Trafigura Pte Ltd of ten 2019-built Suezmax tankers, constructed in Korea.

That COVID-19 has become the torrent of desperate news these past weeks is to put it lightly. And it will likely be the case for weeks to come. Some countries, however, seem to be over the worst, they hope, and many countries are considering opening up their economies to varying degrees in the coming days and weeks. Who knows, by the Fall we may be nearing a level of normality apart from social distancing which will stay in place until a vaccine is found.

This company dreams big. Seeking to explore alternative sources of capital, the company was keen to examine Chinese leasing, which has emerged as a relatively new and stable source of capital, as part of its fleet refinancing requirements. With Western banks in retreat, Chinese lessors have...