Capital Product Partners and DSS Holdings entered into a transaction agreement. According to the agreement Capital will spin off its crude and product tanker business into a separate company, which will merge with DSS’ businesses and operations.
The new company will be called Diamond S Shipping Inc., and will be one of the largest shipping companies. It will also be listed on the New York Stock Exchange and will have its headquarters in Greenwich, Connecticut.
Capital will continue as a master...
https://safety4sea.com/capitals-crude-and-product-tanker-business-merges-with-dss/