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Stefanos Kasselakis began pitching the SwiftBulk project in 2016. Photo: Marine Money

US-listed distressed asset player Tiptree Marine plans expansion

Tiptree Marine — an outfit with close links to Greece's AM Nomikos — has emerged as the backer of distressed asset play vehicles SwiftBulk and SwiftTankers

29 July 2021 10:40 GMT Updated 30 July 2021 15:01 GMT

By Bob Rust

in Oslo

Wall Street's quietest shipowner — distressed asset play vehicle Tiptree Marine — is planning to build

Finance

US-listed distressed asset player Tiptree Marine plans expansion