Navig8 has tapped Norway’s over-the-counter (OTC) market for a fresh $110m to support a new order for four chemical tanker newbuildings at South Korea’s STX Offshore & Shipbuilding
Navig8 confirmed the order in response to questions from TradeWinds this week. It would not comment on the source of its equity raise, referring only to a “private placement”.
However, market sources tell TradeWinds that Navig8 Chemical Tankers has made its first raise on Oslo’s OTC exchange.
