“This is the only successful transaction recently among listed players in the dry bulk market, where proceeds are used for growth and not to cover liquidity or covenant holes.”

Rikard Vabo, head of corporate finance at Fearnley Securities, praises Eagle Bulk’s equity raise.

Eagle and Fearnleys join in $85m issue as investor interest returns

“We do not comment on specific deals but buying and selling vessels is an integral part of our business and we will always consider attractive offers that make sense.”

A BW spokesperson said so. And an integral part of TradeWinds’ business is finding out who is the seller and the buyer of those vessels...

Winson circling BW Group VLCC as it looks to enter new segment

“Cosco is, of course, the world’s largest bulker owner and fully capable of running dry bulk vessels themselves. But they recognised that we are one of the leading, if not the leading, player in post-panamax.”

Klaveness chief executive Lasse Kristoffersen feels like two leaders have teamed up.

China Cosco revives old Norwegian partnership

“Most shipping segments are suffering from overcapacity and values are under pressure. That makes it tempting to do investments right now.”

Suffering makers Awilhelmsen’s managing director Sigurd E Thorvildsen tempted for investments.

Awilhelmsen mulls further shipping plays

 “You can’t look at one newbuilding project and generalise.”

Ocean Yield chief executive Lars Solbakken is defending SOE, the yard where he has a few ships under construction.

Ocean Yield of Norway given ‘priority’ at the troubled Chinese shipbuilder

“His action, as tragic as it is, says a lot about his ethics and his character.”

Employees of Mamidoil-Jetoil pay tribute to their boss’s tragic loss.

Tragic end for Greek oil figure

 “If you think about local price volatility around the world and how that’s also impacted by currency movements, that could be quite positive, certainly for MR demand in the near term.”

Opportunities arising from Brexit are still a matter of discussion for Ardmore Shipping CEO Anthony Gurnee.

Owners bet on MR market traction in third quarter

“We have been built up to be sold one day but, today, we don’t have results that are good enough.”

Optimarin chief executive Tore Andersen has no illusions about his company’s mission.

Optimarin enjoys new lease of life as dark times pass

“We must not tolerate bad or unfair practices between ISU members and their clients or other members. We must be honourable and trusted partners.”

John Witte, president of the International Salvage Union, has a very strict approach towards bad practices.

Salvors record drops in 2015 revenue