Goodbulk now officially withdraws its request for an initial public offering in New York. The dry bulk company announced in the summer 2018 its plans to become listed on the Nasdaq stock exchange in the city and to raise a major amount on the exchange.

Shortly thereafter, the shipping line postponed these plans, pointing to unfavorable conditions on the market. Now, Goodbulk has officially withdrawn its registration statement, according to a document submitted to the US Security and Exchange Commission, which handles legislation on securities, among other things.