Dubai’s bulker chartering operation Adhira Shipping & Logistics (ASL) is set to launch an IPO on London’s AIM exchange in 2025.
The specialist in African mining logistics is currently valued at $50m, with the potential to go up to $100m, chief executive Captain Pappu Sastry told TradeWinds.
During an event at the Aqua Shard in London, he indicated that the UK was “a better place for doing the IPO”.
