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22 August 2017

New York Shipping Exchange boxes up series A

Shipping firms Hapag-Lloyd and CMA CGM joined GE Ventures and Goldman Sachs to add $4.5m to the freight contract platform's series A round, which now stands at $13m.

Author: Robert Lavine, News Editor

US-based freight contract platform New York Shipping Exchange (NYSHEX) closed a series A round featuring power and automation equipment manufacturer General Electric and shipping firms Hapag-Lloyd and CMA CGM at $13m yesterday.