Diamond S Shipping
From Taighde
Diamond S Shipping is energy focused shipping company based in the United States. It was formed in 2007.
The China Investment Corporation joined a consortium of investors to finance a purchase of 30 ships. The consortium have agreed to provide $600 million. In addition to the CIC, the consortium consists of First Reserve Corporation, WL Ross & Co., Fairfax Financial Holdings, Morgan Creek Capital Management, and PPM America Capital Partners. An additional $400 million will be provided by debt financing. (Press release)
