TOP Tankers Announces Completion of Follow-On Offering

Thursday, November 11, 2004
TOP Tankers Inc announced the completion of its follow-on offering of 8,306,452 common shares, as well as 1,245,968 shares purchased by the underwriters to cover over-allotments. The net proceeds for the Company were approximately $141.6 million, a portion of which will be used for the acquisition of five double-hull Suezmax tankers from an unrelated third party.
Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Royal Caribbean Cuts Profit Forecast

Royal Caribbean Cruises Ltd cut its adjusted profit forecast for the year, citing a jump in fuel prices since its January forecast and a strong dollar.   Shares

Baltic Index Up Slightly on Higher Rates for Large Vessels

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose slightly on Monday due to firmer rates for the large vessel segments.

ExxonMobil President Seeks Swift Action on US LNG Exports

The United States is at risk of losing economic opportunity and the ability to solidify its role as a global leader in energy production unless the government moves

Maritime Safety

Biloxi Industrial Seaway Closed Due to Landslide

The U.S. Coast Guard closed the Biloxi Industrial Seaway in Gulfport, Miss., due to a landslide, Saturday.   The Biloxi Industrial Seaway in the vicinity of the

IMO Conference to Address Ferry Safety

Conference on the enhancement of safety of ships carrying passengers on non-international voyages, Manila, the Philippines, April 24, 2015   The International

Bulk Carrier Grounds in St. Lawrence Seaway

A 621-foot bulk carrier ran aground near Wellesley Island in the St. Lawrence River, Monday. The U.S. Coast Guard (USCG) is responding.   The Bahamian-flagged

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2029 sec (5 req/sec)