Dubai: An IPO by independent tanker company Gulf Navigation Holding opens today In Dubai, hoped to raise Dh910m ($245m). The money raised will go towards planned new orders worth around $1bn for seven VLCCS and six chemical carriers of around 50-60,000dwt to be placed before end 2007, according to local press reports. [24/07/06]
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Maritime News to your Google News feed.