Foreign equity funds enter Danish shipping

Scan-Trans, J. Lauritzen and Nordic Tankers are just a few of the examples of Danish shipping companies who have welcomed an equity fund among its shareholders in recent months. We will see more of that, Chief Analyst at Bimco, Peter Sand, says.

Photo: Axis Offshore

In future, having an equity fund among the owners will be more common in shipping companies, Chief Analyst Peter Sand from Bimco says following the development that more and more shipping companies have entered into agreements with equity funds on financing and ownership. Last week, Danish Scan-Trans merged with American Intermarine. The merger draws on capital from the private equity fund New Mountain Capital. This is a constellation we will see more of in the future.

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