The failure of Navios Maritime Containers' $100m US initial public offering last week all but drew the curtain on prospects for more shipping flotations in 2018.
Two shipowners tried in the first nine months of the year.
Dry player GoodBulk tested the market in June, only to “postpone” its deal due to slack demand and pricing concerns — essentially exactly what happened to Navios Containers, the latest spin-off of the Navios Maritime group.
