The Radziwill group remained hot on the trail of dry bulk acquisitions this week as TradeWinds understands it is about to raise nearly $50m from private investors.
Companies headed by John Michael Radziwill are tapping two partners said to have previously supported his unsuccessful efforts to make a $125m investment in New York-listed Genco Shipping & Trading.
The campaign is part of the continuing trend for new companies and established players to seek capital for bulker buys at what remain low-cycle valuations.
The
