Capital Maritime Finance lists on Euronext Athens

Capital Maritime Finance Corp. (CMFC) has officially listed on Euronext Athens, marking the first exclusive primary listing of a shipping company on the Greek exchange. The initial public offering (IPO) was highly successful, attracting total demand of €1.1 billion and resulting in the company raising €300 million at an offer price of €7.50 per share. The offering was 4.34 times oversubscribed.

The company, which is linked to shipping interests of Vangelis Marinakis, operates a fleet of 13 containerships with a capacity of 27,891 TEU. It plans to utilize the raised capital to fund a $1.8 billion investment program to acquire 23 additional containerships, aiming to expand its total fleet to 36 vessels by 2028.

Industry analysts noted strong participation from both international institutional investors and Greek retail investors. The company maintains long-term charter agreements with major global operators such as CMA CGM and Unifeeder, with contracted future revenues estimated at $3.9 billion.