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Marinakis’ Affiliated Capital Maritime Finance Corp. To List on Euronext Athens

Capital Maritime Finance Corp. (CMF) is moving forward with the first shipping IPO in Greece, through the exclusive listing of all its shares on Euronext Athens.

  • Marinakis' affiliated Capital Maritime Finance Corp. to list on Euronext Athens.
  • IPO aims to raise up to €200 million for newbuilding program and working capital.
  • Fleet of 36 container vessels, 13 operational, with 100% charter coverage through 2034.

Court Ruling: Part Of Taxonomy Criteria Found Unlawful – But Polluting Planes And Ships Still Slipping Through The Net

Yesterday, the General Court in Luxembourg has published its judgment on the EU Commission’s Taxonomy Regulations on ‘green’ investments for aviation and shipping.

  • EU Court rules part of shipping taxonomy criteria unlawful
  • Commission's discretion on methane emissions threshold not unlimited
  • Fossil-fuelled aircraft and ships still exempt from sustainable label

[Closing Market] Micron Sparks KOSPI Reversal Above 6,970

On Oct. 1, the first trading day of October and the start of the fourth quarter market, the domestic stock market overcame extreme early-session anxiety to stage a dramatic reversal, closing strong.

  • KOSPI index closes above 6,970 after initial drop to 6,760
  • Micron Technology's earnings surprise boosts semiconductor stocks
  • Foreign buying power surges, driving KOSPI and KOSDAQ rebounds

More from Thursday 1 October →