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’