Miserable Wall Street IPO for new tanker company

The first day on the New York Stock Exchange was not a great success for the next big tanker company, Gener8 Maritime. The share price fell by 6.4 percent on the first day after being down by more than 8 percent.

BY BENJAMIN WERNER CHRISTENSEN

NEW YORK

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Tanker giant Gener8's IPO looks like a disappointment
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Gener8 hopes to raise USD 285 million with IPO
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Suppliers

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

The Finnish company, like several other engine manufacturers, is on the verge of launching its first ammonia engine and is currently negotiating with several shipping companies.

For subscribers

The price will determine whether the sale of DB Schenker will go through, sources tell DPA. | Foto: Marvin Ibo G'ng'r/AP/Ritzau Scanpix

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Media: Sale of DB Schenker enters next phase

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Casper Ellerbæk has a professional background at competitor Kuehne + Nagel. | Foto: Dhl / Pr

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It's time for DHL's new global head of ocean freight to prove he can be number one

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Regulation