Shipowners are tapping the high-yield bond market in near-record numbers, according to data from Clarksons Platou Securities.
High-yield shipping debt of $1.3bn was raised last month, taking the running tally for the year to $3.5bn.
This makes 2017 the third most active year in the sector to date, Clarksons' Nicholas Glower wrote in the report.
Ship Finance International, Hapag-Lloyd and CMA CGM are among the big names to have secured funds in the market of late.
