Emanuele Grimaldi has nearly doubled his stake in Hoegh Autoliners.
The Italian shipping scion now owns just over 10% of the Norwegian car carrier giant’s shares, up from the 5.1% acquired in April, according to stock exchange filings on Tuesday.
The move firms up Grimaldi’s second-place position, behind only Hoegh family holding company, Leif Hoegh & Co, which owns 35.5%