In a prospectus tied to the New York-quoted operator’s latest Wall Street fundraiser management outlined plans to pursue a transaction that would see its fleet more than double in size.
“We are in preliminary discussions to acquire 100% of a company that owns and operates a fleet of tankers,” the operator said in a disclosure published Thursday evening.
“We have not entered into any letter of intent or definitive agreements for such transaction, and may not agree to pursue a transaction.
