One can and should hope.

Change is inevitable but often hard to contemplate. After 38 years of active participation in and observation of ship finance, we understand that change, as in all things, is inevitable. As they have since time immemorial, banks remain...

​

The stars had been aligned for months. Analysts, in near unanimity, have declared the implementation of IMO 2020 as the tanker industry's savior. And the market reinforced that conclusion, experiencing a resurgence, with rates much improved over historical averages with values following...

Last week, the Maxim Group assistedTOP Ships Inc.andSeanergy Maritime Holdingsraise equity in public offerings. The amounts were not large, but who would quibble. Liquidity is liquidity...

​

​

When it comes to shipping all roads lead to Oslo and its bond market, in particular. As a result, there is typically never any shortage of nominations in this category. This year was different. Transaction volume was down and what nominations we received coalesced around...

With everyone's eyes on the equity markets, the poor relation is easily forgotten. The debt markets too are experiencing extreme volatility.

​

The merger between this crude and product tanker business ina share-for-share transaction, to form Diamond S Shipping was successfully concluded last year. The result of the $1.65 billion transaction is the sixth largest publicly traded tanker company in the world as measured by overall NAV...

In a first ever project bond transaction led by Japanese/Korean sponsor, each SPV issued non-recourse Senior Secured Notes with separate security packages including a first priority mortgage over the respective vessels. Not cross-collateralized, the notes are privately rated investment grade by...