Investment Firm Buys Stake in Eitzen's Ethylene Fleet

12:42 PM | October 7, 2010 | Ian Young

Camillo Eitzen & Co. (Ceco; Oslo) has agreed to sell a 40% stake in Eitzen Ethylene Carriers (EEC) to private investment company Jaccar Holdings (Luxembourg) for $15 million. EEC will be a 60-40 joint...