http://www.marine-money.com The Ship Finance Publication Of Record Mon, 16 Jan 2012 04:04:51 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 http://www.marine-money.com/archive/the-3rd-quarter-in-pictures http://www.marine-money.com/archive/the-3rd-quarter-in-pictures#comments Thu, 08 Dec 2011 18:32:48 +0000 marinemoney http://www.marine-money.com/?p=11445 http://www.marine-money.com/archive/the-3rd-quarter-in-pictures/feed 0 http://www.marine-money.com/archive/equity-sales-continue-%e2%80%93-navios-maritime-partners-and-safe-bulkers-follow-on http://www.marine-money.com/archive/equity-sales-continue-%e2%80%93-navios-maritime-partners-and-safe-bulkers-follow-on#comments Thu, 14 Apr 2011 16:47:20 +0000 marinemoney http://www.marine-money.com/?p=10397 http://www.marine-money.com/archive/equity-sales-continue-%e2%80%93-navios-maritime-partners-and-safe-bulkers-follow-on/feed 0 http://www.marine-money.com/archive/secondary-offerings http://www.marine-money.com/archive/secondary-offerings#comments Thu, 09 Dec 2010 15:20:37 +0000 marinemoney http://www.marine-money.com/?p=9897 http://www.marine-money.com/archive/secondary-offerings/feed 0 http://www.marine-money.com/archive/capital-products-partners-feels-some-pain http://www.marine-money.com/archive/capital-products-partners-feels-some-pain#comments Thu, 06 Aug 2009 15:47:56 +0000 carisk http://marine-money.com/?p=6198 OSG to buy back the remaining shares of its MLP spin-off, OSG America, highlighted the weak domestic tanker market as well the inability of the partnership to pay the distributions going forward as a result. U.S. Shipping L.P. was also unable to survive the current market as its vessels came off charter and it leveraged itself to meet its fleet replacement needs. And without an interested party, it filed for bankruptcy. These problems raised the question in our mind as to whether the MLP structure is best applied to shipping. Of course, there is no easy]]> http://www.marine-money.com/archive/capital-products-partners-feels-some-pain/feed 0 http://www.marine-money.com/archive/life-in-the-equity-markets http://www.marine-money.com/archive/life-in-the-equity-markets#comments Thu, 02 Apr 2009 14:56:27 +0000 carisk http://marine-money.com/?p=5337 DHT Maritime, following quickly on the heels of Teekay LNG’s share offering earlier in the week, announced a secondary offering of it’s own on Thursday. Originally targeting the retail market, the offering was initially set at 6 million shares, but was priced to attract institutions resulting in the offer being upsized to 9 million shares as institutions joined in. The offering price was $4.35, a discount of approximately 8.8% from Thursday’s closing price. Net proceeds were approximately $37 million. After the offering, the stock traded down 4.6% on Friday closing at $4.15. Concerned about the future of the tanker market, and in particular asset values, the company, in offering these shares, was exercising caution. The offering bolsters]]> http://www.marine-money.com/archive/life-in-the-equity-markets/feed 0 http://www.marine-money.com/archive/wksi-no-more http://www.marine-money.com/archive/wksi-no-more#comments Thu, 05 Mar 2009 13:29:07 +0000 carisk http://marine-money.com/?p=5243 Teekay, Teekay LNG, Nordic American Tankers, Diana Shipping and Alexander & Baldwin were qualified. OSG just missed at $641 million. On Tuesday, Eagle Bulk Shipping filed a universal shelf offering to issue $500 million of debt or equity securities together with a prospectus supplement in which it disclosed it had entered into an equity distribution agreement with UBS Securities. Under the terms of the agreement, UBS will use its best efforts]]> http://www.marine-money.com/archive/wksi-no-more/feed 0 http://www.marine-money.com/archive/safe-haven-no-more http://www.marine-money.com/archive/safe-haven-no-more#comments Thu, 09 Oct 2008 19:19:56 +0000 carisk http://marine-money.com/?p=4546 http://www.marine-money.com/archive/safe-haven-no-more/feed 0 http://www.marine-money.com/archive/nats-completes-follow-on-tbsi-goes-into-the-market http://www.marine-money.com/archive/nats-completes-follow-on-tbsi-goes-into-the-market#comments Fri, 16 May 2008 06:42:08 +0000 carisk http://marine-money.com/?p=3521 http://www.marine-money.com/archive/nats-completes-follow-on-tbsi-goes-into-the-market/feed 0 http://www.marine-money.com/archive/im-skaugen-teekay-lng-partner-in-90-million-lease-deal http://www.marine-money.com/archive/im-skaugen-teekay-lng-partner-in-90-million-lease-deal#comments Fri, 16 May 2008 06:36:26 +0000 carisk http://marine-money.com/?p=3519 http://www.marine-money.com/archive/im-skaugen-teekay-lng-partner-in-90-million-lease-deal/feed 0 http://www.marine-money.com/archive/double-hull-tankers-follows-on http://www.marine-money.com/archive/double-hull-tankers-follows-on#comments Thu, 01 May 2008 21:02:03 +0000 carisk http://marine-money.com/?p=5883 Seaspan (SSW) was out first on April 10 with an offering that raised nearly $240 million, followed by Teekay LNG (TGP) on April 17 with a $165 million offering. Then this week Double Hull Tankers (DHT) saw the positive trend and took the opportunity to position themselves for future acquisitions by]]> http://www.marine-money.com/archive/double-hull-tankers-follows-on/feed 0