Capital Maritime Finance Corp. to launch shipping IPO on Euronext Athens

Capital Maritime Finance Corp. (CMF), an entity with interests held by Vangelis Marinakis, is launching the first exclusive shipping company IPO on Euronext Athens. The public offering aims to raise up to €200 million, which will be used to fund a shipbuilding program and cover working capital requirements.

The company’s business model focuses on developing a modern fleet of container ships through long-term charters that provide high revenue predictability. As of June 30, 2026, 100% of the fleet's available capacity is chartered, with coverage secured through 2034. The total contracted revenue backlog is $3.9 billion, with an average remaining charter duration of 9.5 years.

Key charterers include major international groups such as CMA CGM, with contracts totaling nearly $3 billion, and Unifeeder (a subsidiary of DP World), with contracts totaling nearly $1 billion. Upon completion of its shipbuilding program, CMF's fleet will consist of 36 containerships, including 13 currently in operation and 23 under construction, with a weighted average fleet age of just two years.