Britannia Bulk unveils plans for $158m New York flotation

Friday 6 June 2008

BRITANNIA Bulk Holdings has given shipping equity markets in New York another reason for optimism by launching an initial public offering of up to $158m, writes Rajesh Joshi in New York.

In an F-1 registration statement filed with US securities regulators yesterday, the London-based company said it is coming to market with a fleet of 67 vessels, i...