Stamatis Molaris’ Product Shipping pulls IPO
Greek-based petroleum tanker owner cites adverse market conditions for withdrawal.
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Finance
Navios Containers taken off N-OTC market
Angeliki Frangou-backed boxship owner drops from the Norwegian over-the-counter (N-OTC) market after last week’s move to become listed on the Nasdaq Global Select Market.
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TOP Ships Secures Financing for New Suezmaxes
TOP Ships received approval for USD 92.5 million via sale and leaseback deals to finance two Suezmax newbuildings.
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Golar LNG investor drops $139m stake
Capital Research Global Investors has sold almost 5.5 million shares of the Iain Ross-led LNG carrier owner, dropping its interest to 3.7%.
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GSL to pursue expansion with Hayfin and Breakwater cash
New York-listed owner lines up $65m loan to buy more feeder container vessels.
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