Even as equity markets slowly open to shipping, debt markets are readying for another strong year, thanks to the high yields and better terms being offered by borrowers, a Clarksons Platou Securities analyst says.
The new year kicked off with more shipping-related debt in the market.
Earlier this month, Seaspan said it had lined up a $250m fundraiser through a private sale of unsecured notes and warrants to a Canadian investment firm.