AmericasFinance and InsuranceOffshore

Brazil’s OceanPact completes $227m IPO

Offshore vessel owner OceanPact Serviços Marítimos has raised R$1.22bn ($227.3m) via an IPO on the Brazilian Exchange this week.

OceanPact says it will use the funds to expand its fleet and other equipment. The company currently owns four PSVs, three AHTS vessels and an OCV according to VesselsValue.

OceanPact offers environmental protection, maritime logistics, survey and subsea services.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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