The mystery surrounding the shipowner/manager who nearly came away with a majority stake in Genco Shipping & Trading has been solved.
John Michael Radziwill’s C Transport Maritime (CTM) is the company that flirted with a $125m investment in New York-listed Genco, market sources said this week.
As TradeWinds has reported, a conventional shipping operation was in the running to be Genco’s equity saviour until the final weeks of a five-month process that concluded this month.
