Call it another of those things that happens in a bad marriage.
Diamond S Shipping is in the odd position of potentially handing over management of two of its legacy suezmaxes to disgruntled merger partner Evangelos Marinakis and his private Capital Ship Management (CSM).
The development is the latest twist in a 2019 merger turned sour that combined Diamond S’ 41 product tankers and suezmaxes with Capital Product Partners (CPP)’s 25 tankers in a deal valued at $1.65bn.
