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Acquisition of Atlantic Towing’s Offshore Division, a subsidiary of J.D. Irving - Cyprus Shipping News
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Acquisition of Atlantic Towing’s Offshore Division, a subsidiary of J.D. Irving - Cyprus Shipping News
JDI and JPM GTG are pleased to announce the acquisition by JPM GTG of Atlantic Towing’s Offshore Division, to be renamed Sterling Atlantic Offshore (“Sterling”). The transaction is subject to Canadian regulatory approval and is expected to close in September 2026. Sterling comprises a fleet of five Offshore Support Vessels. The offshore management team, led
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