Maritime Asset Management

Maritime Asset Management ("MAM") has the expertise to (i) plan and develop investment structures, either as standalone special purpose vehicles or shipping funds, and (ii) manage such structures as asset manager. The Group may invest in such structures with stakes of 50% or less ownership.

Utilising our knowhow and network of shipping contacts, MAM also provide structured finance solutions to our clients, including arrangement of tax oriented lease solutions.

The services provided by MAM are as follows:

  • Structuring of ship investment vehicles and investment management of ships under such vehicles;
  • Management and administration of investment vehicles; and
  • Finance arrangement solutions including arrangement of tax oriented lease.

MAM co-invests with our investment partners. By co-investing, the Group is able to enjoy investment returns and at the same time receive fees from administering and managing these investments.

MAM’s ship portfolio under joint-investment companies is as follows:

Ship Portfolio Under Joint Investment Companies

  Name of Joint
Investment Company
Ship Name Ownership
Percentage
Type Capacity LOA Shipyard Year of Built
1 Olive Bulkship S.A. Kellett Island 18% Bulker 57,836 DWT 189.99 Tsuneishi 2015
2 Polaris Bulkship S.A. Trident Star 18% Bulker 57,836 DWT 189.99 Tsuneishi 2015
3 Quest Bulkship S.A. Uni Harmony 18% Bulker 37,700 DWT 180 Imabari 2016
4 Stella Bulkship S.A. Uni Blossom 18% Bulker 37,700 DWT 180 Imabari 2018
5 Tiara Bulkship S.A. Sider Montediprocida 18% Bulker 37,700 DWT 180 Imabari 2020
6 Unicorn Bulkship S.A. Uni Sunshine 18% Bulker 36,300 DWT 180 Oshima 2018
7 Victoria Bulkship S.A. Uni Horizon 18% Bulker 36,300 DWT 180 Oshima 2018