Mar 17 β€’ 13:57 UTC πŸ‡¬πŸ‡· Greece To Vima

Capital Tankers' Listing on the Oslo Stock Exchange with Strong Investor Interest

The Norwegian stock exchange welcomed the listing of Capital Tankers Corp., a newly established shipping company, which raised 4.8 billion NOK (approximately 500 million USD) in a significant maritime IPO.

Capital Tankers Corp., a new entrant in the shipping sector founded by Evangelos Marinakis, successfully debuted on the Oslo Stock Exchange today, marking it as a notable event in the maritime industry. The company raised an impressive 4.8 billion NOK, which translates to around 500 million USD, making it the largest maritime IPO of Western interests in the past two decades. This milestone is celebrated as the 11th listing on Euronext for 2026 and highlights ongoing investor confidence in the shipping sector.

The new company boasts a state-of-the-art fleet of 30 energy-efficient oil tankers, with nine vessels already operational and 21 more currently under construction. The introduction of Capital Tankers into the stock market reflects a growing trend of significant capital mobilization in the shipping sector, catering to increasing demands for energy transport. The strategic timing and scale of this IPO indicate strong backing and interest from investors in a market where shipping companies often face volatility.

The IPO was executed through the trading of 131,050,000 new and existing common shares, with the potential for an increase to 135,700,000 shares contingent on the full exercise of the Greenshoe option. This move not only enhances Capital Tankers' capitalization but also likely sets the stage for future expansions and investments in the rapidly evolving energy market. Overall, this successful listing signals positive momentum for maritime investments in Greece and beyond.

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