Test/equity fund

Our strategy is to co-Invest with shipowners that can demonstrate an excellent commercial- and operational track record over time and that contributes with significant equity alongside our funds.

We focus on traditional vessels with standard design, typically mid-life and within the most liquid segments. By avoiding niche tonnage, we reduce the risk of our vessels becoming obsolete with respect to charterers' preference. Segment liquidity and accompanying transparency facilitate the opportunity to divest opportunistically based on market developments.

In order to cope with the cyclicality of the industry, we believe it is essential with a sensible financial structure and robust break even levels that can endure different market climates. Incentive alignment across all stakeholders is also a critical part of the deal structuring to ensure that all parties work to optimize returns.

As predicting short-term market developments is almost impossible, we are big believers in diversification. We have a long-term investment horizon and strive to be capitalized in the various segments when these experience upcycles. Our portfolio approach provides diversification within the segments with regards to sub-segments as well as employment and thus facilitates a broad exposure to the shipping markets.