Baltic Trading Limited (NYSE-Listed BALT) visits the NYSE to commemorate the company’s recent initial public offering. In honor of the occasion, Chairman Peter C. Georgiopoulos, and President and CFO John C. Wobensmith ring The Opening BellSM.
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In addition to Baltic Trading, Mr. Georgiopoulos is chairman of three other public companies listed on the New York Stock Exchange including General Maritime Corporation (NYSE: GMR), Genco Shipping & Trading Limited (NYSE: GNK), and Aegean Marine Petroleum Network Inc. (NYSE: ANW).
Baltic Trading Limited
Baltic Trading, a Marshall Islands company recently formed by Genco Shipping & Trading Limited, plans to conduct a shipping business focused on the drybulk industry spot market. Baltic Trading plans to use the proceeds of the offering, together with a $75 million capital contribution from Genco, to acquire its initial fleet of two Capesize new buildings and four 2009-built Supramaxes expected to be delivered between April and October 2010, and for working capital and general corporate purposes, which may include future vessel purchases. (Source: Baltic Trading Limited)
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