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GoodBulk scraps application for New York IPO

The Monaco-based firm in effect withdrew in June, 2018, saying it had ceased the marketing of its proposed initial public offering relating to its common shares as a result of ‘adverse market conditions’

Reports at the time suggested that impending tariffs against China by the Donald Trump administration were having a dampening effect on the IPO because: ‘Nobody wants to be around shipping stocks at this time’

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