New York-listed tanker companies International Seaways, Inc. (NYSE: INSW) and Diamond S Shipping Inc. (NYSE: DSSI) have announced an all-stock merger that will create the world’s second largest US-listed tanker...
WASHINGTON, Nov 7 (Reuters) – U.S. Commerce Secretary Wilbur Ross has divested his interests in oil tanker company Diamond S Shipping and is in the process of selling off his...
President-elect Donald Trump is expected to select billionaire shipowner Wilbur Ross Jr as secretary of the Commerce Department, the Wall Street Journal reported today, citing two people familiar with the deliberations. The commerce secretary,...
March 12 (Bloomberg) — Billionaire Wilbur Ross said an initial public offering for Diamond S Shipping Group Inc., the tanker company in which his firm is the largest shareholder, won’t...
A new year, a new shipping IPO by private equity investor Wilbur Ross.
The Greenwich, Connecticut-based company owns and operates medium-ranged tankers to transport refined petroleum and other products.
The foray of private equity groups in the shipping industry has been a focal point of discussion in industry forums, ever since the high-profile investments by celebrated investor Wilbur Ross...
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