Shipping heavyweights back Cetus $175m Oslo listing

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Shipping heavyweights back Cetus $175m Oslo listing

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Hong Kong-based dry bulk shipowner Cetus Maritime has secured backing from major shipping investors for a $175 million private placement ahead of a planned Oslo listing. Investors named include an Eastern Pacific Shipping-linked vehicle, Songa Capital and Albemarle Shipping Fund.

Hong Kong-based dry bulk owner Cetus Maritime has lined up some of shipping’s biggest investment names for a $175m private placement ahead of its planned Oslo listing later this month. An investment vehicle linked to Idan Ofer’s Eastern Pacific Shipping, Arne Blystad’s Songa Capital and the Albemarle Shipping Fund, co-founded by Magnus Halvorsen, are among …

Markets Deals Shipping Cetus Maritime private placement Oslo listing dry bulk shipping investment capital markets

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