Browsing All posts tagged under »Shipping«

The Tale of Britannia Bulk

August 3, 2010

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While I am unaware of the record shortest time from initial public offering to bankruptcy, Britannia Bulk must certainly be in contention for this not-so-prestigious honour. The company raised $116m to float on the NYSE on 18th June 2008, but by 31st October 2008 had filed for administration in the UK courts. Britannia Bulk was […]