3rd Generation of a Successful Greek Shipping Family
Disruption in the global supply-chain due to Covid-19 and the war in Ukraine have resulted in an upward pressure on freight rates. The Company decided it is the opportune time to take advantage of the current market conditions. Operating Partner is the 3rd generation of a successful Greek shipping family. Ownership and Management of more than 40 vessels over the last 70 years including Technical and Commercial Management and full compliance with environmental guidelines. Introducing a unique Shipping Investment Opportunity at a moment where the future outlook is characterized by robust Demand for bulk carriers vs their limited Supply.
- Fund Size of USD 60 M
- Target IRR of 15%
- Target Annual Dividend Yield on average circa 14%
- Operating Partner is an anchor Investor of the Fund and invests 30% in each vessel acquisition
- Track record of average 15% IRR on Shipping Funds
- Established Relationships with the Industry’s biggest Players (Charterers, Banks, Insurance Providers)
- AuM of USD 260 M