George Giouroukos-led Poseidon is seeking to take 18 vessels to market and is working with Morgan Stanley, Deutsche Bank and UBS Investment Bank on the float, TradeWinds reported today.
The shipowner’s IPO prospectus shows the company has been in the black since 2012 but posted a small loss in the first quarter of 2015.
Its most profitable year was in 2012 when it recorded a profit of $42.69m
