Diamond S Shipping Inc

International Seaways Takes Diamond S Shipping In A $416 Million Deal

According to an article published in Reuters, Tanker operator International Seaways Inc said on Wednesday it will buy Diamond S Shipping Inc for about $416 million, as it aims to expand its crude shipping capacity and create one of the largest U.S.-listed tanker companies.

Shares of Diamond S 

Diamond S shareholders will receive $10.17 per share, or 0.55375 shares, of International Seaways’ stock for each share of Diamond S common stock held, representing a premium of about 5.9% to Tuesday close.

https://mfame.guru/international-seaways-takes-diamond-s-shipping-in-a-416-million-deal/

Diamond S & Norden Team Up for A Strategic Tanker Alliance!

  • Diamond S Shipping Inc. announced a strategic partnership with NORDEN, DiaNor.
  • This will facilitate the commercial consolidation of two of the world’s largest owner/operators of product tankers.
  • DiaNor enables to continue to serve clients via the NPP platform even better, by creating a well-managed, homogeneous fleet, ensuring flexibility and quality service.

Two of the world’s largest owners/operators of product tankers, NORDEN and Diamond S Shipping Inc. have created a strategic partnership,...

https://mfame.guru/diamond-s-norden-team-up-for-a-strategic-tanker-alliance/

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