In this Sunday, Nov. 20, 2016, file photo, President-elect Donald Trump, left, stands with investor Wilbur Ross after meeting at the Trump National Golf Club Bedminster clubhouse in Bedminster, N.J. (Credit: AP)
When private equity billionaire Wilbur Ross Jr. signed on to be President Donald Trump’s commerce secretary, he agreed to divest millions of dollars in assets.
But one asset Ross plans to keep is his stake in Diamond S Shipping Group Inc., one of the world’s largest owners and operators of medium-range tanker vessels, which crisscross the globe as crucial cogs in the transoceanic shipping trade. In a new …read more
Source: Salon