Tankships Investment Holdings, which was carved out of DryShips to own 10 crude oil tankers, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.
Belgian oil tanker operator Euronav (EURN) is on the IPO calendar to raise $175 million later this week when it lists its shares on the NYSE.
The Athens, Greece-based company, which was formed in 2010 and booked $151 million in revenue for the 12 months ended September 30, 2014, plans to list on the NASDAQ under the symbol TNKS. Tankships Investment Holdings initially filed confidentially on December 16, 2014. DNB Markets is the sole bookrunner on the deal. No pricing terms were disclosed.
