Billionaire investor Wilbur L Ross is retaining his economic interest in major shipping investment Diamond S Shipping while resigning his position as non-executive chairman, according to newly filed disclosures.

The disclosures were filed on the eve of Ross’ confirmation hearing before the US Senate today as President-elect Donald Trump’s nominee for commerce secretary.

A quick review of Ross’ disclosures does not shed the same light on his ownership position in Navigator Holdings, the liquified petroleum gas (LPG) player that is his other major shipping investment.

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