Company/Year of IPO (2005 2nd half)

Amount raised m $ %

Stock exchange

Remarks; fleet; profits

“Freeseas”

NA

“Star Mar.”

189

Amex

“Navios”37

NA

“Euroseas”

NA

Bought “Cove Apparel” (without a specific mission) for an unexpensive listing!

“Excel”

124

NYSE

2004; raised $55 m also from Amex

“Genco”

287

Plus, the companies: General; Gonmar; Genco Sh. & Trading, listed 22/07/2005 for 11.3 m shares at $22 - $23; placed 11.8 m at $21 = $247.5 m; stock price: $20.87 at the 1st day

“Global Oceanic Carriers”

41

Lon. SI

“Goldenport Hold.s”

105

Lon.

“Omega”

204

240

NASDAQ

Singapore

Two SEs have been used

“Aries” (plus control of “Magnus Carriers” & Aries Energy)

NA

NYSE

Obliged to reduce the number of shares and IPO’s price <$14 - $16; achieved $12.5 during 1st day; in July 2005 valued at $14.85; companys executive manager accused for criminal action

“Capital Sh. Management” (“Capital Mar. & Trading”) controlling also “Barclay Sh.”

250 intended

Postponed

“StealthGas”

NA

NASDAQ

Postponed

“Golden Energy Marine”

230 intended 200 raised

Postponed for 8 m shares at $24 - $27

Total 8→

$1.39 b