![Austal USA recently acquired a Pearlson-designed shiplift system capable of lifting and launching vessels in excess of 18,000 long tons. [Credit: Austal USA]](https://www.marinelog.com/wp-content/uploads/2025/05/TopAustal_USA_Final_Assembly_2_renderingHR49-300x225.jpg)
BW Pacific scrubs IPO plans
Written by Nick Blenkey
Andreas Sohmen-Pao
NOVEMBER 13, 2015 — Singapore based BW Pacific Limited, the product tanker operation of Andreas Sohmen-Pao-led BW Group, said today that, “under the current market conditions,” it has resolved not to proceed with the launch of the initial public offering and listing on the Oslo Stock Exchange that it announced November 2 (see earlier story).
Categories: News
Leave a Reply
You must be logged in to post a comment.