News and analysis on global M&A and corporate financing strategies

Finance / Hong Kong

Maritime Capital Tries To Float With IPO

June 2008 | IPO News Alert

Maritime Capital Shipping has begun book-building for its Singapore IPO, which it hopes will raise up to US$300mn. Since its establishment in April 2007 by former Pacific Basin CEO Mark Harris, the company has built a fleet of 18 dry-bulk ships, and it hopes to use the proceeds from the offering to continue building to its target number of 25-30 by 2009.

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