Pools power Navig8 has become the latest shipowner to find joy on Oslo’s over-the-counter (OTC) market, exceeding expectations with an upsized $170m haul for an initial fleet of six “eco” products tankers this week.
Navig8 co-founder and chairman Nicolas Busch confirms to TradeWinds that the deal closed on Tuesday amid strong investor interest, with Navig8 Product Tankers now setting sights on a second private placement in the coming months and then a full listing either in Oslo or New York.
“Bear
