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The logic of ordering newbuilds is that by 2030, when these orders are delivered, the new vessels will have a big technological advantage over the by then 15- to 20-year-old vessels, which will be 30% to 40% of the fleet.

Bruton and Capital Tankers’ stated plans to pay out 30–40% of free cash flow and MPC and Storm’s new platform for 20–50% stakes with co-investments.

Singapore has been voted the most successful global hub in shipping for several years. This is largely due to government support and, in particular, the pioneering efforts of the MPA (Maritime and Port Authority of Singapore). On Sept. 22, we had the honor of having the Deputy Chief Executive Yi Zhuan Chin of the MPA give opening remarks at our 25th Marine Money Week Asia conference.

The last five years have seen a steady flow of acquisitions in the North American maritime market via M&A transactions, with a handful of key buyers making bolt-on acquisitions to expand and diversify their maritime holdings.

On Tuesday, our friends at BW LPG raised $300 million through the sale of senior unsecured convertible bonds on terms attractive to the issuer, the current shareholders and the new convertible bond holders.

Greece is the largest ship-owning nation in the world; Greek owners account for roughly a fifth of the global fleet. More often than not, decisions made by Greek shipowners turn out to be the right ones.

With shipping markets elevated almost across the board, the closing session of Marine Money Asia Week asked a deceptively simple question: where does value remain when everything looks expensive? A banker, a fund manager, an analyst, and a tokenization entrepreneur weighed in.

“Why are you selling equity in your ship?” I asked a friend.
“Because,” my friend replied. “I didn’t want to miss the chance to sell something in this hot market. Besides, I was bored in my summer cabin and wanted to do something fun, so I structured the deal.”

Greek shipowners have traveled far and wide to find sources of capital in order to build fleets and to become the world’s largest nation group in terms of vessel ownership.

The specific question posed to Mr. Olsen, founder of maritime-focused fundraising shop Langschiff Capital Partners, was this: is there room in the marketplace for more dedicated maritime funds?

It’s not every day that Greek dry bulk owners are buying into containerships. Icon Energy Corp. (Nasdaq: ICON) is doing it anyway, in small pieces.

From the Marine Money conference in Oslo: Four CFOs on borrowing well in the best financing market since 2008.

Earlier this month, Star Bulk Carriers, a U.S.-listed owner of dry bulk tonnage, successfully completed a public offer to sell new shares in its home country, Greece.

For several years, U.S.-based offshore marine services company Hornbeck Offshore Services has been plotting its return to the public market. Last week, it got there without having to raise a single dollar.

It is the email or phone call that every lender fears these days: a client requesting to prepay a lease or loan in order to move their business to a lender or lessor offering a lower rate. Companies: Seacon Shipping, AVIC, Guangzhou Yuexiu Financial Leasing, Tianjin Maxwealth Changyang No.4 Leasing, Bank of Ningbo

Few shipping companies have pulled off a balance sheet transformation as visibly as Global Ship Lease (GSL).

Tanker earnings are up sharply since the start of the war involving Iran, Israel, and the United States, and many believe the market still has plenty of room to climb further. The truly unprecedented situation, which has grabbed headlines across the maritime trade press and mainstream media alike, is unprecedented.

Over the past decade, more than two dozen private credit funds have entered the ship finance market. The thesis is well established: as commercial banks increasingly focus their balance sheets and attention on larger clients and transactions, non-bank lenders have stepped in to provide small and mid-sized shipowners, which still represent the vast majority of the shipowning community, with fast, flexible, and reliable capital.

Dry cargo owner/operator Cetus Maritime has been among the industry’s most confident dealmakers in recent years — and the momentum keeps building.

In today’s elevated asset market, shipowners face an existential choice: buy, sell, or hold. Companies: NRP Project Finance, Fearnley’s, Clarksons, Simonsen Vogt Wiig, BAHR, Jiangsu New Yangzi Shipbuilding, Castor Maritime , Lila Global, Lorentzens Skibs