Finance

Rumours of deal struggles borne out as boxship hopeful says it will resume OTC status, seek “direct” listing on US exchange.

Investor wariness of shipping equities has not spared Angeliki Frangou’s boxship IPO as overall demand said to remain a tough hurdle.

With IPO of up to $20m, asphalt tanker firm is growing well beyond initial niche as a captive tonnage supplier to Cosco

Combination-carrier company will use up to $70m of initial share issue to declare options on 83,000-dwt vessels ordered in China