Prospects of recovery from current lows in many sectors is prompting shipowners, operators and their advisors to start studying how and where to raise cash to fund future plans. Amid opportunities to acquire good-quality secondhand tonnage at low prices or launch mergers with rivals, there is the prospect of a flurry of deal-making that will require funding.

Public debt markets already are seeing activity from owners, with Hapag-Lloyd and American Shipping looking at sales of new debt in recent days, and Golar LNG Partners selling new shares in the US.

Eyes