Press Release
March 22, 2022

Holland & Knight Wins Marine Money 2021 M&A Deal of the Year

NEW YORK (March 22, 2022) – Holland & Knight has won Marine Money's 2021 M&A Deal of the Year - Merger award for its representation of International Seaways, Inc. in its merger with Diamond S Shipping.

The merger combined two of the leading tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets, creating the second largest U.S.-listed tanker company by vessel count and the third largest by deadweight. The combined company has 100 vessels, shipping revenues of over $1 billion, more than 2,200 employees and an enterprise value of approximately $2 billion.

The Holland & Knight team advising International Seaways was led by Partner Jovi Tenev and included Partners Randolph DelFranco, Richard Furey and Douglas Youngman, Consulting Counsel Richard Crowley and Associate Zhandos Kuderin.

Marine Money's annual Ship Finance "Deals of the Year" Awards recognize the global bankers, financial advisors and legal teams who execute exceptional transactions. View the full list of winners here.

Winners will be recognized at Marine Money Week in New York in June.

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