Marine Shipping IPOs

Performance analysis and trends for 5 IPOs in the marine shipping sector.

Total IPOs

5

Avg Return

-30.5%

Success Rate

20.0%

1 of 5 positive

Total Market Cap

$676.9M

Recent IPOs (2024+)

CompanyDateIPO PriceCurrentReturnMarket Cap
VNTG
Vantage Corp
6/12/2025$4.00$0.80-80.0%$9.1M
NCT
Intercont (Cayman) Limited
3/28/2025$7.00$2.61-62.7%$2.6M
UFG
Uni-Fuels Holdings Limited
1/14/2025$4.00$1.01-74.9%$9.9M
ICON
Icon Energy Corp.
7/12/2024$4.00$1.03-74.3%$3.3M

Best Performers

CompanyReturnIPO Date
HSHP
Himalaya Shipping Ltd.
+139.3%3/31/2023
NCT
Intercont (Cayman) Limited
-62.7%3/28/2025
ICON
Icon Energy Corp.
-74.3%7/12/2024
UFG
Uni-Fuels Holdings Limited
-74.9%1/14/2025
VNTG
Vantage Corp
-80.0%6/12/2025

Worst Performers

CompanyReturnIPO Date
VNTG
Vantage Corp
-80.0%6/12/2025
UFG
Uni-Fuels Holdings Limited
-74.9%1/14/2025
ICON
Icon Energy Corp.
-74.3%7/12/2024
NCT
Intercont (Cayman) Limited
-62.7%3/28/2025
HSHP
Himalaya Shipping Ltd.
+139.3%3/31/2023

Activity by Year

2025
3 IPOs
-72.5%
2024
1 IPOs
-74.3%
2023
1 IPOs
+139.3%

All Marine Shipping IPOs

CompanyDateIPO PriceCurrentReturnExchange
VNTG
Vantage Corp
6/12/2025$4.00$0.80-80.0%NYSE American
NCT
Intercont (Cayman) Limited
3/28/2025$7.00$2.61-62.7%NASDAQ
UFG
Uni-Fuels Holdings Limited
1/14/2025$4.00$1.01-74.9%NASDAQ
ICON
Icon Energy Corp.
7/12/2024$4.00$1.03-74.3%NASDAQ
HSHP
Himalaya Shipping Ltd.
3/31/2023$5.80$13.88+139.3%NYSE