Navios Maritime Containers moves ahead with US listing

Angeliki Frangou’s Navios Maritime Containers is pushing ahead with a listing due in two weeks’ time on the Nasdaq Global Select Market.

In preparation, the company has requested the N-OTC in Oslo to halt the trading of its common shares. The last day of trading on the N-OTC is today, with the last VPS settlement on Wednesday.

Headquartered in Monaco, Navios Maritime Containers was founded by Navios Maritime Holdings in April last year. It has built up a fleet of bargain boxships that it has since chartered out.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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