Athena Spinco, Inc.

Athena Spinco, Inc.

Athena Spinco, Inc.

Overview
Date Founded

2018

Headquarters

33 Benedict Place, Greenwich, CT, 06830, USA

Type of Company

Private

Employees (Worldwide)

1,501

Industries

Marine Shipping
Other Transportation
Other Business & Consulting Services
Industrial Machinery & Manufacturing

Company Description

Diamond S Shipping, Inc. engages in the provision of seaborne transportation of crude oil, refined petroleum, and other products in the international shipping markets. The firm operates through the Crude Tankers and Product Carriers segments. It offers gasoline, diesel, fuel oil and jet fuel, edible oils, and certain chemicals, such as ethanol under short-term voyage charters, and medium to long-term time and bareboat charters. The company was founded on November 14, 2018 and is headquartered in Greenwich, CT.

Executives & Employees

President & Director

Senior Vice President-Commercial

Treasurer, Director & Vice President

Vice President

Vice President

Secretary, Director & Vice President

Paths to Athena Spinco, Inc.
Potential Connections via
Relationship Science
You
Athena Spinco, Inc.
Owners & Shareholders
Details Hidden

WL Ross & Co (WLR) a value-oriented private equity firm, focuses on special situations sourced through proprietary channels in discretely chosen sectors of the market. The firm invests in distressed companies across the globe. It prefers to invest in energy, financial services, transportation, building materials, metals & mining and real estate. It partners with management teams to provide support & expertise and also seeks controlling investment.

Details Hidden

DS&C is a deep-value manager that employs a disciplined bottom-up approach. They invest in stocks of out-of-favor companies selling at discounts to tangible book value. The firm tries to look for companies in the bottom decile of price-to-tangible book value ratios and a positive outlook for earnings potential over the next 2-4 years. DS&C utilizes fundamental security analysis and basic research. Their intensive research tries to determine which of these low price/tangible book value stocks will turn around and achieve their earnings potential. The firm’s primary approach is bottom up while they do closely follow and analyze broad economic and sector trends. They will first find a cheap stock and then see if their industry and economic views support their individual company thesis. DS&C’s in-depth research includes time spent reading company documents and speaking/meeting with company management. They try to have multiple phone conversations with company management to familiarize themselves with their strategies, beliefs and intentions before investing in any company.

Details Hidden

Versor creates diversified sources of absolute returns across multiple asset classes. The firm offers two categories of investment products – Hedge Funds and Alternative Risk Premia. Both are designed to provide superior risk-adjusted returns while exhibiting low correlation to traditional and alternative asset classes. Each invests in liquid, scalable markets.

Recent Transactions
Details Hidden

International Seaways, Inc. purchases Athena Spinco, Inc.

Details Hidden

purchases Athena Spinco, Inc. from Capital Product Partners LP

Transaction Advisors
Investment Advisor

Advised onInternational Seaways, Inc. purchases Athena Spinco, Inc.

Legal Advisor

Advised onInternational Seaways, Inc. purchases Athena Spinco, Inc.

Legal Advisor

Advised onInternational Seaways, Inc. purchases Athena Spinco, Inc.

Legal Advisor

Advised onInternational Seaways, Inc. purchases Athena Spinco, Inc.

Legal Advisor

Advised onInternational Seaways, Inc. purchases Athena Spinco, Inc.

Legal Advisor

Advised onInternational Seaways, Inc. purchases Athena Spinco, Inc.

Clients

STX Offshore & Shipbuilding Co. Ltd. engages in manufacturing ships and marine vessels such as chemical tankers, container ships, bulk carriers and ferries. The company's main business activity is building liquefied natural gas (LNG) and liquefied petroleum gas (LPG) ships, product carriers, bulk carriers, container ships, car carriers, and special ships. It is also involved in engineering, procurement and installation services for offshore facilities. The company was founded on April 10, 1967 and is headquartered in Changwon, South Korea.

Daehan Shipbuilding Co. Ltd. is a South Korean private company located in Haenam that builds steel ships. Byeong-Mo Lee is the current CEO of the firm.

Key Stats and Financials As of 2020
Market Capitalization
$405M
Total Enterprise Value
Earnings Per Share
Revenue
$596M
EBITDA
$209M
Suppliers
Anglo-Eastern Group Other Business & Consulting Services | Wan Chai, Hong Kong

Anglo-Eastern Group provides ship management and crew management services. It offers technical management, crew management, education and training of seafarers, newbuilding consultancy and other services to owners of almost all cargo and offshore vessel types. The firm also provides consultancy and project management services to clients planning newbuildings, conversions and other special projects. The company was founded in 2015 and is headquartered in Hong Kong.

Capital Maritime & Trading Corp. Shipping & Delivery | Piraeus, Greece

Capital Maritime & Trading Corp. provides deep sea foreign transportation of freight services. It operates about 30 product tankers, including four oil-bulk-ore carriers (OBOs) and about 10 bulk carriers, with a total carrying capacity of 1.7 million deadweight tons. The company was founded in March 2005 and is headquartered in Piraeus, Greece.

The Caravel Group Ltd. Other Transportation | Hong Kong

The Caravel Group Ltd. provides maritime services. It offers trading and logistics of dry bulk raw materials, investment management, and strategic asset ownership. The company was founded by Harry S. Banga in 2013 and is headquartered in Hong Kong.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Athena Spinco, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Athena Spinco, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Athena Spinco, Inc..