Acquisition of Atlantic Towing’s Offshore Division by institutional investors advised by the J.P. Morgan Asset Management (JPM GTG)
JDI and JPM GTG have announced the acquisition by JPM GTG of Atlantic Towing’s Offshore Division, a subsidiary of J.D. Irving, to be renamed Sterling Atlantic Offshore. 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 […]









