Genco Shipping & Trading Ltd. said it has cut the size of its primary and secondary public offering to about 3.7 million shares from 6.3 million, and has priced the offers at $75.47 per share.
The company said it is offering 2.7 million shares and certain stockholders are selling about 1 million shares.
Genco has also granted underwriters a 30-day option to purchase up to 560,600 additional shares to cover overallotments.
Source: CNN
Australia's BHP Group is planning to receive its first ammonia-fueled bulk carrier in 2026 as part of the company's plans to cut shipping emissions…
The leader of Yemen's Iran-aligned Houthis, who have been attacking shipping in the Red Sea, said on Thursday the group had…
If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace…
Norwegian shipyard Myklebust Verft has been selected to build a pair of innovative hydrogen-powered passenger ferries ordered…
As the maritime industry continues to rapidly advance with increasingly stringent regulations and ever-evolving technology, staying ahead of the curve requires embracing innovative technological
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
Subscribe for
Maritime Reporter E-News
Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week
