Last week, Global Ship Lease Inc. ("GSL") announced that it had arranged a new senior secured loan facility to refinance its 9.875% First Priority Senior Secured Notes due 2022 ("2022 Notes"). By doing so, it hit the trifecta.

Last week, StormHarbour Securities LLP, a global investment banking boutique, announced that they acted as sole financial advisor for a debt buyout of Stanford Marine Group's AED 1.13 billion ($308 million) facility by SHUAA Capital.

Due to the surprising number of year-end transactions, one slipped by us and it should not have as it involved the BW Group's continued contribution to industry consolidation.

Setting the stage, announcing the winners, and reams of data.

From debt maturities in 2021 to the search for new lenders. From who plans to acquire vessels this year to appetite for green financing.

​

Founded in 2007, majority owned by funds managed by BWB Partners, and headquartered in Denmark, ZITON A/S is the leading provider of major component replacements for the European offshore wind industry.

VIDEO REPLAY AVAILABLE

With shares like Danaos (NYSE: DAC) more than doubling since August and with containerships set to continue generating high returns, a compelling opportunity has emerged for owners, investors, and lenders to make money in the 4Q20 and 2021.

While Scorpio's management team has been clearing the decks at Scorpio Bulk, they have not forgotten its affiliate, Scorpio Tankers where they continue the process of refinancing its debt obligations with the goal of creating further liquidity, improving amortization, and lowering its cost of capital.

The ship finance markets, which required approximately $200 billion per year, are in a process of secular change that continues to reshape the industry. The purpose of this paper is to present our view of past, present and future conditions for shipping investment and finance. We will conclude this paper by highlighting 10 significant trends.

The beginning of October brought a wave of deals, including the first shipping IPO since May of 2019. The wave, however, lost its momentum...

2021, the year the world moves forward
New ways of doing a traditional business