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Exmar delays MLP offering

Exmar has delayed plans for a master limited partnership (MLP) initial public offering (IPO) in the US.

Marcus Hand, Editor

November 21, 2014

1 Min Read
Kalyakan - stock.adobe.com

In a brief statement said that the IPO of Exmar Energy Partners had been delayed due to “unfavourable current capital market conditions”.

“Exmar will continue to evaluate the most appropriate timing for the initial public offering as market conditions develop,” the company said.

The most recent MLP offering Navios Maritime Midstream Partners priced at $15 per unit below an expected range of $19 - $21 per unit.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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