WASHINGTON (Reuters) ? Aries Maritime Transport Ltd., a Bermuda-based shipping subsidiary of Aries Energy Corp., filed with regulators to cut the size of its planned initial public offering to 10.2 million shares from 15 million. The company is selling all 10.2 million shares, and shareholders no longer plan to offer 4.8 million shares in the IPO, according to an amended filing with the US Securities and Exchange Commission.

Aries still expects the shares to price between $14 and $16, the filing said. The company is to list its stock on the Nasdaq stock market under ?RAMS?.