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A.S.O. Naviera Panama S.A. was formed in 1975. It was a type-A company acting mainly as intermediate holding company. It was the grandmother company of Alexander S. Onassis Business Foundation acting as holding company of Alexander S. Onassis Business Foundation. From 1990 it was a type-B company.

Aguadilla Marine Panama S.A. was formed in 1973. It was a type-D company acting as financial representative.

Alex. S. Onassis S.A. was formed in 1970. It was a type-G company acting as passive company.

Andes Financiera Maritima S.A. was formed in 1956. It was a type-C company mainly engaged in insurances. In 1966 owned shares of the Societe Des Forges & Chantiers de la Mediterranee and of the Societe Anonyme des Bains de Mer et du Cercle des Etrangers a Monaco. In 1969 owned 258.461 shares of British Petroleum Company. In 1970 owned 1.250 shares of the company Hellenic Ship & Aircraft Insurance Company S.A., which was founded in 1964. Before 1975 also owned Waaiagat & Jaymount Portfolio of F.C..M., B.P, Hellenic Ins. Shares. After 1975 it converted to a type-B company, acting as intermediate holding company and also engaged in real estate.

Austral Financiera Comercial S.A. was formed in 1952. It was a type-C company mainly engaged in shipping, acting as agent for whaling companies. The company purchased the yacht "Christina" (ex name Stormont) in 06/1954. After 1974 it was an aviation company, (dormant in 1998). In 1990, 50% of shares belonged to ASO and the other 50% belonged to Atol.

Balboa Marine S.A. was formed in 1956. It was a type-C company mainly engaged in shipping.

Bangor Marine Panama S.A. was formed in 1980. It was a type-F company. The company was dissolved in 2007.

Belgravia Investments Panama S.A. was formed in 1976. It was a type-D company acting mainly as intermediate agency in the fields of cash management and investments. It belonged to Henley Finance Corporation. In 1977 it owned shares of of Societe Des Forges & Chantiers de la Mediterranee. This new company was formed after the division of the Onassis assets and the restructuring of the companies to serve the needs of the Christina Onassis group, which was managed separately by OMSA and separately from the Alexander S. Onassis Foundation's companies. The company was dissolved in 2000.

Beverley Marine Panama S.A. was formed in 1961. It was a type-C company mainly engaged in shipping and owner of the vessel Olympic Freedom. According to the archival documents the company seems to be active until 1993.

Bluefields Marine S.A.was formed in 1956. It was a type-C company mainly engaged in shipping and tourism. It was one of the companies that between 1951-1959 purchased shares of the Société des Bains de Mer and eventually took control of the company that owned Monaco’s most important businesses: the Casino, the Opera House and the famous Hôtel de Paris. It was also the owner of the vessel Olympic Laurel