Since 2015, this company has been opportunistically monitoring the market for its first USD bond transaction. During that period, they transformed themselves from a conglomerate to an integrated shipping, ports and logistic provider...

Without a doubt, the hardest deal of the year category to judge is bank debt. Not only does this category garner the largest numbers of nominations, the nominated transactions are all large syndicated transactions and hard to distinguish between. When asked to explain the rationale for the nomination, the banks fall back on...

FPSOs are a bright spot in the offshore market.

Taking the larger picture into account, Ardmore chooses to go with a capital allocation policy over a dividend policy.

Over the years, this company has demonstrated unique access to the capital markets. Many years ago, we characterized this capability as picking pockets of capital and there were few if any that they missed...

FLNG Gimi, the world's first FLNG vessel (floating liquefaction vessel) to be successfully 100% financed in the commercial bank market, is an important milestone in the development of the sector and helps pave the way for financings of similar projects in the future.

After years of difficult markets, two large chemical tanker owners/operators have announced this week that they have joined forces with other players to achieve scale contributing further to the consolidation of the industry. Larger means stronger, particularly in these difficult times.

Frontline opts for sale-leaseback transaction with ICBC to finance the Trafigura Suezmax tankers.

Export Credit Agency ("ECA") financing is done on strict OECD terms and conditions to ensure a level playing field among competing countries. To achieve a degree of flexibility, banks have worked around the edges by wrapping a commercial tranche around...

The owners have entered into a $176 million fully non-recourse credit facility for 8 years with a strong bank syndicate of Asian and European institutions, including Sumitomo Mitsui Banking Corporation of Japan (through its German subsidiary, SMBC Bank EU AG); Société Générale of France, and Shinsei Bank of Japan...

Last week, Overseas Shipholding Group, Inc. ("OSG") announced that it had completed the purchase of three U.S.-flagged 193,100 DWT Suezmax crude oil tankers, the Alaskan Explorer, Alaskan Legend, and Alaskan Navigator from...

It was a great year in ship finance, which means the decade ended a lot better than it started – and there was no shortage of drama in the meantime. The most remarkable thing about 2019 was that it was pretty much drama-free; there weren't a lot of...