In a statement the Belgian tanker owner, whose shares already trade in Antwerp, said “unfavourable conditions” in the capital markets are to blame.
“The company will continue to evaluate the most appropriate timing for the offerings as market conditions develop,” the operator added.
Some say they weren't caught off guard by the decision since, in their opinion, turbulence in the tanker sector would have made it challenging for any issuer to achieve an appropriate valuation.
The
