London-listed Tufton Oceanic Assets has completed an oversubscribed $12.4m tap issue to raise funds for more vessel buys.

The shipping fund said it had sold all the remaining 10.53m shares authorised by shareholders last year.

Castor Maritime's 23 new ships send profit soaring in strong markets
 Read more
Baltic Exchange publishes carbon benchmark for dry bulk shipping
 Read more

The price of $1.18