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Russia’s Sovcomflot IPO Hobbled by Weak Freight Markets

By Oksana Kobzeva MOSCOW, Jan 15 (Reuters) – Russian state-owned shipping company Sovcomflot said on Tuesday that uncertain conditions in the freight market are delaying its long-planned initial public offering (IPO). The Russian government has weighed a listing of Sovcomflot for years as part of broader privatisation plans, but obstacles ranging from weak markets to […]

WP_Post Object ( [ID] => 196413 [post_author] => 4 [post_date] => 2019-01-15 15:13:22 [post_date_gmt] => 2019-01-15 15:13:22 [post_content] => Christophe de margerieBy Oksana Kobzeva MOSCOW, Jan 15 (Reuters) – Russian state-owned shipping company Sovcomflot said on Tuesday that uncertain conditions in the freight market are delaying its long-planned initial public offering (IPO). The Russian government has weighed a listing of Sovcomflot for years as part of broader privatisation plans, but obstacles ranging from weak markets to […] [post_title] => Russia’s Sovcomflot IPO Hobbled by Weak Freight Markets [post_excerpt] => By Oksana Kobzeva MOSCOW, Jan 15 (Reuters) – Russian state-owned shipping company Sovcomflot said on Tuesday that uncertain conditions in the freight market are delaying its long-planned initial public offering (IPO). The Russian government has w... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => russias-sovcomflot-ipo-hobbled-by-weak-freight-markets [to_ping] => [pinged] => [post_modified] => 2019-01-15 15:13:22 [post_modified_gmt] => 2019-01-15 15:13:22 [post_content_filtered] => [post_parent] => 0 [guid] => http://gcaptain.com/?p=132152 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )