Cavalier Shipping insights on the current shipping finance market and recent events in the shipping space.
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Continuing Consolidation of the U.S. Maritime Sector
In one week, the U.S. domestic shipping industry had two major mergers and acquisitions (M&A) headlines.
EnTrust / Belships M&A
2024’s final major shipping M&A announcement came just before the holidays, with affiliates of US-based fund manager EnTrust Global offering NOK 20.50 per share to acquire dry bulk owner and operator Belships ASA.