Services

Oaktree picks up large stake in ship management company

US-based asset manager Oaktree Capital Management, which owns controlling stakes in Torm and Star Bulk, among other companies, has acquired close to half of the shares in ship management company OSM Maritime Group.
Oaktree Capital Management buys close to half the shares in OSM Maritime Group, which last year assumed responsibility for managing Lauritzen Kosan's crew on 26 gas tanker vessels. Photo: Lauritzen Kosan
Oaktree Capital Management buys close to half the shares in OSM Maritime Group, which last year assumed responsibility for managing Lauritzen Kosan's crew on 26 gas tanker vessels. Photo: Lauritzen Kosan
by SØREN PICO

Torm and Star Bulk majority shareholder Oaktree Capital Management is expanding its presence in shipping with an acquisition of close to half the shares in ship management company OSM Maritime Group.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs