Exmar Shelves IPO

Antwerp-based LNG and LPG carrier owner and operator Exmar has decided to delay the launch of the contemplated initial public offering of common units in the United States of Exmar Energy Partners LP (the MLP), citing unfavorable current capital market conditions as the reason.

Exmar says it will continue to evaluate the most appropriate timing for the initial public offering as market conditions develop.

Exmar filed a registration statement on Form F-1 relating to the common units with the Securities and Exchange Commission back in September, but neither determining the number of common units to be offered, nor the price range for the offering.

Had the offering been completed, the MLP would have owned a 50% equity interest in joint ventures that own and operate four LNG regasification vessels and one LNG carrier.

Press Release


Share this article

Follow World Maritime News

In Depth>


<< Apr 2019 >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >