Dry CargoEuropeFinance and Insurance

Radziwill ditches Nasdaq plans

John Michael Radziwill’s GoodBulk has officially yanked its American initial public offering plans, withdrawing its Nasdaq filing earlier this week.

The Monaco dry bulk owner had originally sought to raise $140m in an IPO, first mooted back in June 2018.

Interviewed by Splash in May 2018 when he was first sounding out a possible IPO, Radziwill suggested back then that the listing was not vital to GoodBulk’s overall financial goals.

“We’ll do it if the pricing is okay,” Radziwill said at the time. “We have no capital commitments to need it. It’s a nice to have, not a must have.”

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.
Back to top button