Published by
Claire Cuddihy,
Assistant Editor
Dry Bulk,
GoodBulk Ltd. (GoodBulk) has announced that, as a result of adverse market conditions, it has ceased marketing of its proposed initial public offering (IPO) of its common shares, which had been expected to be listed on the Nasdaq Global Select Market.
The Monaco-based dry bulk shipping company is to evaluate the timing for the proposed offering as market conditions develop.
Read the article online at: https://www.drybulkmagazine.com/shipping/28062018/goodbulk-postpones-previously-announced-ipo/
The company has entered into a binding agreement to sell its 18.9% share in the Newcastle Agri-Terminal.