2019 IN REVIEW

摘要

The maritime industry, comprising shipping and offshore services, raised $11.0 billion from capital markets worldwide during 2019. That amount, a 36 percent drop from 2018, was the least raised since 2004. Bonds made up the majority of the year's proceeds with $7.5 billion raised, while just $3.1 billion of public equity was issued and another $341 million was raised by private equity. $2.6 billion was raised via U.S. corporate bonds, compared to $1.1 billion of Norwegian bonds. Other foreign bond markets however were the primary source of capital to the industry, with $3.1 billion in proceeds. Private placements were the most prolific of equity issuances with $2.0 billion raised over 29 deals, though a decline from the $2.9 billion in 2018. Three IPOs were completed during 2019: CSSC (Hong Kong) Shipping Company Limited, Borr Drilling, and V.L. Enterprises, which raised a combined $345 million, the highest amount since 2015.