Universal Maritime to list in Oslo

The listing of Universal Maritime Inc either on Oslo Børs or Oslo Axess has been agreed by the Board of Oslo Børs subject to satisfying the customary conditions under ticker UMAR. The IPO is set to happen as a spinoff from Geden Holding Ltd. The company will own and operate a fleet of modern crude carriers reportedly from Geden Line. Tradewindsnews.com tells more about the people behind the IPO.