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SHIPVERTICAL RETAINS DELOITTE & TOUCHE

SHIPVERTICAL RETAINS DELOITTE & TOUCHE

   ShipVertical Internet Group Inc., a B2B company developing an online marketplace for ship owners and their suppliers, has hired Deloitte & Touche Corporate Finance as financial advisor.

   Eyeing “the $500-billion global maritime economy,” ShipVertical is interested in “strategic partnerships with third parties,” said Dimitris Stathopoulos, the company’s chief executive officer.

   “We felt at this juncture it was prudent to invite a world-class financial adviser … to join and design a sound financial strategy and select carefully the right partners,” Stathopoulos said.