Shipping IPOs: The New Black

By Nora Huvane

Remember when a shipping IPO used to be headline news for weeks? Now there is a new one every day of the week, it seems, and they come in all shapes and sizes. Private equity sponsors, long-time owners, asset spin-offs, rapid-growth hopefuls – it seems there is something for everybody on Wall Street these days. Or, perhaps more appropriately, in midtown, as the Nasdaq is rapidly becoming the exchange of choice for many of the small or newly formed shipping companies coming to market that are outside of the NYSE’s more established financial thresholds.

For those of you who may have missed a day of news and still want to know what is going on in the wonderful world of shipping equity, we have compiled “cheat sheets” on the five IPOs that have either filed or priced since we went to press last month. Keep an eye on Freshly Minted for more regular updates.

This is only an excerpt of Shipping IPOs: The New Black

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