Stena Bulk Becomes Majority Shareholder in Golden Stena Baycrest
Tanker shipping company Stena Bulk announced it has acquired an additional shareholding in Golden Stena Baycrest Tankers (GSB) from Bay Crest, becoming the majority shareholder in the joint venture. Following the transaction, GSB will remain jointly owned by the same three shareholders—Stena Bulk, Golden Agri, and Bay Crest. With its increased ownership, Stena Bulk is well positioned to take a more active role in driving the strategic development of GSB, while maintaining the…
Ocean Group Changes Shareholding Structure to Accelerate Growth
Ocean Group, a leader in the maritime industry in Quebec, announced a change in its shareholding structure, marking a milestone in its development. The transition is being carried out with the continued involvement of Mr. Gordon Bain, the company's founder, and through a management buyout process led by Mr.J acques Tanguay, the company's President and Chief Executive Officer. This change will allow Ocean Group to welcome new strategic partners while strengthening its Quebec and Canadian identity.Mr.
