BW Pacific scrubs IPO plans

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).