Frontline Raises USD 100 Mn for Fleet Expansion
Tanker owner and operator Frontline has completed its share offering raising gross proceeds of USD 100 million to fund growth opportunities through vessel acquisitions.
Scorpio Bulkers Eyes USD 61 Mn for Corporate Purposes
NYSE-listed owner and operator of dry bulk vessels Scorpio Bulkers is looking to tap into USD 61 million as it priced its previously announced underwritten public offering of 20 million shares of common stock at USD 3.05 per share.