private equity

Wednesday, May 11, 2022

BlueSwell Incubator Seeks Future Maritime ‘Unicorns’

In the world of Private Equity (PE), a “Unicorn” is finance-speak for a private start-up worth $1 billion or more, usually in some type of tech sector.

May 11, 2022
Total Views: 965

Monday, February 7, 2022

Flexport Valuation Doubles to $8 Billion in Latest Funding Round

Feb 7 (Reuters) – Flexport’s valuation more than doubled to $8 billion on Monday after a funding round led by venture capital firms Andreessen

February 7, 2022
Total Views: 1271

Monday, February 22, 2021
lng carrier

GasLog to Go Private in Merger Deal with BlackRock

Greece-based LNG shipping company GasLog (NYSE: GLOG) has entered into an agreement to merge with a unit of the world’s largest asset management firm

February 22, 2021
Total Views: 2207

Thursday, July 27, 2017

Brookfield to Acquire 60% Stake in Teekay Offshore

Canadian investment firm Brookfield Business Partners announced plans to acquire 60% of Teekay Offshore Partners, a leading global provider of marine services

July 27, 2017
Total Views: 9

Sunday, August 28, 2016
hurtigruten cruise ship MS Finnmarken

Hurtigruten Attracts Private Equity

Norwegian cruise operator Hurtigruten ASA has attracted interest from buyout firms EQT Partners AB, Bain Capital and TPG, according to people familiar with the

August 28, 2016
Total Views: 539

Thursday, February 25, 2016
Maritime News

Private Equity Turning Its Back on Shipping

By Nicholas Brautlecht (Bloomberg) — Private equity is turning its back on shipping after a glut of funding over the last five years contributed to

February 25, 2016
Total Views: 542

Tuesday, March 3, 2015
Maritime News

Shipping Industry Faces Shake Up as Private Equity Unwinds Bets

As global shipping grapples with its worst downturn in 30 years, private equity firms are unwinding massive bets made on the sector in a move set to accelerate

March 3, 2015
Total Views: 464

Wednesday, August 13, 2014
Maritime News

Venari Raises Additional $1.3 Billion to Bolster Deepwater Gulf of Mexico Inventory

Gulf of Mexico-focused deepwater exploration and production company Venari Resources says it has raised an additional $1.3 billion in equity commitments

August 13, 2014
Total Views: 11

Friday, May 9, 2014

Private Equity May Destroy the Shipping Sector

The shipping industry faces a looming capacity glut as billions of dollars pumped into it by private equity have stoked a vessel-buying spree, threatening its

May 9, 2014
Total Views: 486

Thursday, May 1, 2014
wall street finance new york stock exchange
Maritime News

Life Imitates Art as Wall Street Bets on Shipping Debt

The fictional Robert Fairchild is one of the hottest names on Wall

May 1, 2014
Total Views: 10

Tuesday, February 18, 2014
Maritime News

Apollo-Rickmers JV Buys Six Used Containerships

A joint venture between Hamburg-based Rickmers Group and the private equity firm Apollo has purchased six used vessels from container shipper Hamburg Süd for

February 18, 2014
Total Views: 13

cargo ship shipping container maritime

Private-Equity Funds Bet $5 Billion on Shipping Rebound

Private-equity and hedge funds are accumulating shipping debt at the fastest pace since they began buying the risky loans from banks two years ago, raising

February 18, 2014
Total Views: 553

Tuesday, February 4, 2014
wilbur ross
Maritime News

Wilbur Ross-Backed Diamond S Shipping Files For IPO

The Greenwich, Connecticut-based company owns and operates medium-ranged tankers to transport refined petroleum and other

February 4, 2014
Total Views: 3

Wednesday, December 4, 2013

Star Bulk Carriers Corp. – A Case Study on Private Equity Groups (Part II)

Last week I had the opportunity to do a case study on Navigator Holdings Ltd., and how WL Ross & Co. recapitalized the privately held shipping company prior to

December 4, 2013
Total Views: 447

Tuesday, July 2, 2013
STX Pan Ocean Vanguard

Asia’s Shipping Industry Downturn Draws Private Equity Interest

U.S. private equity and investment funds are betting Asia's shipping industry, hit by a restructuring wave that has already swept Europe and the United States,

July 2, 2013
Total Views: 15