Seacon strikes $133.6m deal with Oslo-bound Cetus
- Seacon Shipping sells 10 handysize/ultramax bulkers and charters out three more to Cetus Maritime in a $133.6m deal
- Cetus plans a private placement ahead of a Euronext Growth Oslo listing, joining a busy run of shipping floats on the exchange this year including Capital Tankers and Trafigura’s Volare
- Paid 30% cash, 70% in shares, giving Seacon a 22% stake and am approximate $70m gain
Deal reveals that Cetus is joining a stream of shipping companies heading to Euronext Growth Oslo this year, including Capital Tankers and Trafigura-backed Volare Shipping
