Articles

The first half of 2025 could thus far be defined by extreme volatility. Shipping markets have fluctuated rapidly, in part due to changing fundamentals, and also due to external factors involving the global political landscape. Companies: Golden Energy Offshore Service , Fleetscape, Cadeler, COSCO, DNB, Norton Rose Fulbright, China Export & Credit Insurance Corporation, Export Finance Norway

Jim Lawrence was one of a kind. He was the sort of person you might meet once in your lifetime—if you’re very lucky. And we were all very lucky.

Dividend distributions, investments into the company, or share buybacks? The debate over how best to allocate capital continues once again this week, as various companies reveal new repurchasing plans, distribute special dividends, and/or recapitalize their business, all while seeking to deliver value to their shareholders. Company: Dynagas LNG Partners

It has been over a month since we saw a headline bond deal from shipping, when Navigator Gas continued the tap-issue spree in March. In a small, niche industry like shipping that experiences such cyclicality, it normally would not be unusual for certain categories of deals to see extended periods of inactivity. Companies: Navigator Gas , Odfjell SE , Arctic Securities, DNB Carnegie , Danske Bank, SEB, bound4blue

On April 17th, the U.S. Trade Representative published a notice implementing its port fee proposal, which created tremendous uncertainty amongst shipping participants. Companies: U.S. Trade Representative, Customs and Border Protection, AVIC Leasing, Asia Pacific Shipping, Fujian Highton, with Xiamen Xiangyu Financial Leasing, Seacon Shipping, Baltic Shipping, Shenzhen Financial Leasing, Hamburg Commercial Bank, NIBC, KfW-IPEX

In less than one week, the industry’s most influential owners, financiers, advisors, lawyers, investors, and more will gather at the Pierre Hotel for Marine Money’s 37th Annual Marine Money Week.

In capital-intensive industries like commodity shipping—where volatility is high and public companies often trade below liquidation or NAV—stock buybacks have emerged as a powerful tool for capital allocation. Companies: Wilh. Wilhelmsen Holdings, DNB Carnegie, Pangaea Logistics Solutions, , M.T. Maritime Management

If you have ever had the pleasure of meeting Captain Alok Kumar, you have likely noticed the unmistakable twinkle in his eye when he talks shipping. It is no surprise, then, that he named his company Alphard, after the brightest star in the Hydra constellation. Companies: Alphard, Neptune Maritime Leasing,

As we progress through the second quarter of the year, many companies continue to release their first quarter results and investor presentations. Companies: Genco Shipping & Trading , Capital Clean Energy Carriers, Robin Energy, Okeanis Eco Tankers , Watson Farley & Williams

When private equity wants to exit an investment, they typically have a few options. Companies: Apollo Global, HitecVision, Hav Energy, DNB Markets, Knutsen LNG, Energos, New Fortress Energy, Offshore Merchant Partners, EnTrust

Marine Money’s highly anticipated Credit Issue is almost here, offering a detailed look at the global financial institutions that fuel the maritime industry. Companies: EnTrust Global, SEACOR Marine, Rocktree Group, Belships ASA

The past few weeks have been full of new debt deals, the majority of which have been from internationally recognized shipping companies, and large-scale shipping finance institutions. Companies: ESL Shipping, Aspo Plc , China Merchants Jinling Shipyard., Nordic Investment Bank, Svenska Skeppshypotek

Whether it is in Oslo or New York, new public companies in shipping are becoming rarer. At least in the sense of a truly new public vehicle that was previously private (not including spin-offs for example). Companies: Solstad Group , Solstad Maritime , Aker, AMSC, Solstad Offshore, Euronext Oslo Bors

Last week, we covered how in the absence of larger international clients, Chinese lessor’s clients seem to be shifting in a similar way to that of some shipping banks. Companies: Trafigura, Bank of Communications Financial Leasing , Mantagas, Okeanis Eco Tankers, CMB Financial Leasing, Navigator Gas, International Seaways, Ocean Yield, Crédit Agricole CIB, BNP Paribas, Den Norske Bank Capital LLC, Skandinaviska Enskilda Banken AB, Nordea

Just as shipping is volatile, financing markets are too, as 2025 has demonstrated. The beginning of the year was relatively stable for debt markets. Companies: Hapag-Lloyd, Carisbrooke Shipping, Langh Ship, Scorpio, SFL, Contships, Navigator Gas, Nordea Bank, Danish Ship Finance, Danske Bank, DNB, ING Bank, SEB

With uncertainty around fuel alternatives and regulatory implementation, shipowners have been cautious about committing to newbuilds. Companies: Tufton, Anemoi, Union Maritime , Seabreeze, Maersk, Odfjell , bound4blue, TORM, ME Production

Over the past few years of shipping’s “Golden Age,” it has been difficult, though not impossible, to make deals stand out. One such exemplary transaction was executed by Frontline, which completed a deal in late 2023, that ended a takeover battle for Euronav with CMB. Companies: Frontline, Euronav, CMB, Hemen Holdings, ING, First Citizens, Crédit Agricole SEB, Jefferies

It is another week and another round of refinancings have been announced through various vectors. As we progress through the first half of 2025, the strategic trends presenting themselves are emblematic of those discussions held nearly one year ago at Marine Money Week, as companies have gone from pre-paying their debt. Companies: BW LPG , Neptune, Ocean Yield, EnTrust, Hayfin, Flex LNG

During 2024, many shipowners found it difficult to acquire new tonnage. Newbuilding prices were elevated, capacity was limited, and as rates sustained higher levels so did asset values in the S&P market. Companies: Pyxis Tankers,

In maritime intelligence, where vessel positions and weather data can command the movements of global commodities and geopolitical decisions alike, a quiet arms race is underway. Companies: S&P Global, ORBCOMM, Kpler, Spire Maritime