Performance Shipping has tapped its $100 million issuance of Nordic Bonds, through a reverse inquiry, demonstrating investor appetite for the notes. The company issued an additional $50 million, bringing its total outstanding to $150 million. The new notes were priced at 103% of par, effectively reducing the coupon from 9.875% to 9.58%, with proceeds being utilized for general corporate purposes.

Hamburg Commercial Bank recently announced having provided long-term financing to the John T. Essberger Group, a local Hamburg-based shipowner. The financing is provided for two 13,000 dwt newbuild chemical tankers. For reference, according to Drewry’s Research at the end of December 2025, a comparable size stainless tanker newbuild was valued at a little over $26 million, down slightly from $30 million at the end of 2024 and in-line with similar transactions like Marnavi’s newbuild 13,000 dwt chemical tanker pair order in early 2025 for a reported $30 million/vessel.

In mid-December 2025, Okeanis announced entering into two $45 million facilities, financing a portion of the acquisition prices of the Nissos Piperi and Nissos Serifopoula with prominent Greek banks. Adding to the
strength of the transactions, both loans bear extremely competitivecoupons at SOFR + 130 basis points (1.30%).

BW Energy announced a ten-year project lease agreement with Minsheng Financial Leasing for the BW Maromba B, a jackup vessel en route to Dubai where it will be converted into an integrated drilling and production platform and eventually mobilized to Brazil, in the Maromba field.

Golden Energy Offshore recently issued 40,000,000 new shares through a private placement, at NOK 8.00 per share or a total of NOK 320 million, about $32 million.