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Survey of Shipping Industry Primary Equity Offerings in the U.S. Public Market in 2010

Shipping companies continued to access the U.S. public equity market to raise capital at a robust pace in 2010. Primary equity offerings by shipping companies in the U.S. public market totaled approximately $3 billion in 2010, a 13% increase over 2009, driven in part by four IPOs and a substantial increase in the number of offerings by tanker operators.

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