Bawat targets Stockholm listing to raise fresh capital

With an IPO in Stockholm, ballast water system supplier Bawat aims to secure capital for the company’s continued development. The listing comes just six months after the company’s latest cash injection. ShippingWatch has spoken to CEO Marcus Hummer.

by JENS THOMSEN

Bawat, which designs and sells ballast water treatment systems, plans an IPO on the Nasdaq First North Premier Growth Market exchange in Stockholm, the company writes in a statement.

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Bawat CEO: "Unfortunate" if submission of ballast water data to IMO drags on
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