OSX Brasil Slashes Public Offering

March 19, 2010

According to a report from The Wall Street Journal, OSX Brasil SA, the Brazilian shipbuilding company controlled by billionaire Eike Batista, slashed the size and price of its initial public offering, which was expected to be among the world's biggest this year. The company said in a filing it cut the number of shares it will offer by 45% to 3.06 million.

(Source: The Wall Street Journal)

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

Subscribe for Maritime Logistics Professional E‑News

Nigeria's Renaissance Energy stops production in Trans Niger oil pipeline
CMA CGM, France, will redeploy its fleet to avoid U.S. Port Fees on Chinese vessels
Canadian Indigenous group buys $511 million stake in Enbridge Westcoast pipeline