John Fredriksen-backed Flex LNG is acquiring five newbuildings for $900m from the shipping magnate’s private vehicle Geveran Trading.

Embattled Ezra Holdings operating unit EMAS Offshore has been suspended from trading on both the Singapore Exchange and Oslo Bors.

BW Pacific, the product tanker arm of BW Group, has announced plans for an IPO on the Oslo Stock Exchange before the end of the year.

BW LPG has priced its initial public offering (IPO) on the Oslo Bors at between NOK40 and NOK50 ($8.14) per share.