Dutch investment management company Hanzevast has launched a new shipping fund in order to accommodate the sustainability needs of the maritime industry, reports offshore energy.
Courtesy of Hanzevast
As informed, the high-yield fund will offer an investment opportunity for a select group of up to 111 investors.
Moreover, it will serve as a source of capital for innovation and the construction of new ships, according to the company.
Specifically, by investing in ‘Vlootfonds Hanzevast 3 – Handysize Opportunity Fund’, a maximum of 111 investors will become co-owners in a fleet of four high-quality Handysize bulk carriers, with an expected return of 14.9%.
The Netherlands has a long tradition in maritime trade and shipping investments. Dutch investors have historically played a significant role in financing shipping projects. As early as the 17th century, investors’ capital was pooled. This provided the financial clout to finance large fleets and trade around the world.
Hanzevast shipping funds
The first Hanzevast shipping funds were initiated in 1999. In 2001, the company was the first to launch a shipping fund that was ‘simply’ based on the return from the long-term exploitation and eventual sales proceeds of a ship. To date, a total of twenty shipping funds have followed, in eight different shipping segments.
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Source: Offshore energy