"Play it Safe"
Shipping expertise accumulated over generations and strong relationships with employees that some go back over 30 years, is key to sustaining an efficient operation with good risk control.
The current fleet is fully chartered and leveraged toward a cyclival recovery. It enjoys good medium term contracts which offer high income visibility for the next 3 years and consequently good relationships with the banks given a very high interest cover on the loans. The company's earnings this year based on contacts are roughly a third of the NAV and we believe that is achievable next year as well. This ratio suggests an investor can feel comfort that participation offers good exposure at a reasonable valuation.
The shipping fleet is diversified and hence exposure is spread out over several sectors of the economy.
- Investment in a ship fund allows investors to benefit directly from the income generated by the ownership and operation of ships without committing large amounts of capital or time.
- Invest in a dynamic growth sector with good prospects for high risk-adjusted returns, outperforming other investments
- Invest in a fund with straightforward operating and chartering strategy with clear processes and transparent structure.
- Invest in modern commercial ships employed under medium to long term charters to high quality charterers.
- Capitalise on the management skills of a highly experienced, highly reputable management team with a successful track record in the Shipping and Financial Markets.
- Invest in assets generating high quality, stable income, enabling semi annual dividend payments.
- Invest in a ship fund to diversify your portfolio against other investments in stock markets and hedge against inflation.
- Invest in a fund based in EU with institutionalized reporting procedures that enhance credibility and benefits by tax exemption.
