ECONOMY

Greek shipping magnate’s Dynagas preparing for NASDAQ

Dynagas LNG Partners, a shipping company founded by Greek shipping magnate George Procopiou which is active in the liquefied natural gas market, is set to be listed on New York’s NASDAQ market, aiming at drawing at least 175 million euros.

The company announced it will offer 12.5 million shares with a range of $19-21.

If required, it will make another 1.87 million shares available.