ADS Crude Carriers has a new major shareholder.
HOLD Asset Management leapt up the Oslo-traded company's leaderboard, with the tanker owner disclosing on Wednesday that the Hungarian firm now owns 3.5m shares, or 15.3% of the company.
Based on a list of shareholders published in early September, HOLD's stake would be the second-largest behind John Fredriksen's SFL Corp and its 4m share, 17.2%
