Private equity has a long history in shipping. Many funds entered commodity shipping investments after a massive newbuilding orderbook coincided with the global market crash after 2008. Companies: CapeOmega, HavEnergy, Neptune Maritime Leasing, Fleetscape, Pelagic Credit, Kohlberg Kravis Roberts & Co., Ocean Yield, Pareto Securities, A.P. Moller Holding , Arctic Securities , BAHR, Simpson Thacher , Maersk, Danske Bank, Noble, Svitzer, DOF

Among all the well capitalized and delivered shipowners, Scorpio Tankers still stands out with a net-positive cash balance of nearly $500 million and a reduction in indebtedness of $2.50 billion over a five-year period. Companies: Scorpio Tankers , Standard Chartered, DekaBank Deutsche Girozentrale, Jingjiang Nanyang Shipbuilding

Spin-offs have been utilized in shipping for decades, from creating pure-play companies, to separating charter strategies, and the rationale can be simple – or highly nuanced. Companies: Bruton Ltd. , New Times Shipyard