Quintana Shipping chief executive Lefteris Papatrifon believes this week’s $364m takeover by Golden Ocean is a “win-win” situation for both parties.

Corbin Robertson Jr and Riverstone-backed Quintana sought its own stock-listing in 2014 but formally abandoned that exit route just days before the Golden Ocean deal was announced.

“Right now there is a big demand for vessels and you will be seeing values pushing higher on a daily basis,” Papatrifon told TradeWinds this week.