The New York-listed containership owner saw its sharesplummet by just over 20% in early trading to $1.89 apiece at the time ofwriting from $2.38 overnight.
Following the close of play yesterday Box Ships revealed ithad lined up a share offering to give it the ammunition to cut debt and add toits fleet.
Today the company priced the 5 million units of common stockon offer at just $2.05
