Transcription of WEEKLY MARKET REPORT - Compass Mar
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WEEKLY MARKET REPORT - Compass Mar
GLENPOINTE CENTRE WEST, FIRST FLOOR, 500 FRANK W. BURR BOULEVARD TEANECK, NJ 07666 (201) 907-0009 November 30th 2018 / week 48 THE VIEW FROM THE BRIDGE Full REPORT can be viewed on the MARKET Reports tab at the following link: A $ billion merger was announced this week as NASDAQ traded Capital Product Partners ( CPLP ) and DSS Holdings ( DSS ), a privately held company and one of the world s largest owners and operators of medium-range product and Suezmax crude tankers, have entered into a definitive transaction agreement pursuant to which CPLP has agreed to spin off its crude and product tanker business into a separate publicly listed company, which will merge with DSS businesses and operations in a share-for-share transaction. The new company, named Diamond S Shipping Inc. will be headquartered in Greenwich, Connecticut and will be led by DSS management team.
TANKERS TANKER SALES REPORTED THIS WEEK Vessel Name DWT Year Built Engine Additional Info Price ($ Mill.) Buyer NAGARAGAWA 301,583 2010 IHI Marine Wartsila $49.0 Greek GULF STREAM 74,999 2005 Hyundai B&W LRI $10.4 Greek STENAWECO ANDREA
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