A new partner will help finance the fleet expansion plans of the world’s biggest project and heavy-lift shipping line. Beluga Shipping has taken on board a strong partner, the American investment company Oaktree Capital Management (OCM), which has agreed to provide the financing for the line’s strategic growth. It already has substantial investment experience in the shipping sector. Beluga has just announced plans to make further investments in the super-heavy-lift market, extend its existing business segments, and improve its overall service offering. Once the partnership between OCM and Beluga has been officially sealed, the line is expected to order its first new special vessels.
New partner helps finance expansion
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