Hafnia Tankers, the Danish product tanker owner, has applied to have its shares listed in the US.
The company said today that it had applied to register with the US Securities and Exchange Commission (SEC), with a view to making an initial public offering (IPO) on the New York Stock Exchange.
“The proposed IPO is expected to commence after the SEC completes its review process, subject to market and other conditions,” it said.
The company has stated earlier its intention to seek US listing for its shares. They are currently listed on the Over the Counter (OTC) market in Oslo, where they are trading at about NOK75 (USD9.90), having risen about 37% since the start of the year.
Hafnia has a fleet of 24 ships plus 14 newbuildings on order that are due for delivery this year and in 2016.
This post was sourced from IHS Maritime 360: View the original article here.
