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    Indonesian company holds IPO

    Company News // July 11, 2011

    Fearnley Offshore Supply reports that Indonesian vessel owner PT Bahtera Niaga International recently held an initial public offering (IPO) for the sale of a maximum of 20 per cent of its shareholding.

    The company manages and owns a fleet of 14 offshore vessels and is in the process of acquiring a 12,240 bhp AHTS from Singapore’s CH Offshore.

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