Gener8 Maritime’s takeover by Euronav is the latest in a growing trend of shipping mergers and acquisitions driven by private equity investors, the new issue of TW+ reveals.

An approaching end-game for "smart money" funds looking to make good on their investments or seeking better places to use their cash means that many who piled into shipping between 2011 and 2013 are now pushing for deals over the heads of shipowning company managements.