Ningbo Ocean Shipping raises $143m in Shanghai IPO

Capt. John

Ningbo Ocean Shipping, a subsidiary of China’s Ningbo-Zhoushan Port, has listed on the Shanghai Stock Exchange raising CNY1bn ($143.3m) from its initial public offering. The proceeds are intended to be used for the purchase of container ships, bulk carriers, 10,000 teu containers and supplementary...

https://splash247.com/ningbo-ocean-shipping-raises-143m-in-shanghai-ipo/

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