Latest news from Heavy Lift & Project Forwarding International Magazine

PensionDanmark's maritime investment

March 22 - PensionDanmark, one of Denmark's largest pension funds, is investing in a new maritime investment fund which will buy, lease and sell ships.

PensionDanmark's investment portfolio covers a range of assets including public and non-public markets, and by the end of 2016 the company had EUR26.4 billion (USD28.5 billion) under management.

"PensionDanmark has for a while had a close dialogue with a number of players in the shipping business regarding collaboration in the maritime field. This has resulted in the establishment of Maritime Investment Fund to which PensionDanmark has committed USD200 million," states ceo Torben Möger Pedersen, PensionDanmark.

The three investors (PensionDanmark, Danica and Navigare Capital Partners) have agreed to invest more than USD300 million in the new fund. The fund will eventually invite other institutional investors to participate, claims PensionDanmark.

The purpose of the fund is to build a diversified portfolio of maritime assets including dry bulk, container, offshore, product, crude oil and chemical tankers, to put on charter to operators. Depending on the market conditions the ships will be sold off after a certain period of ownership.

 



www.pensiondanmark.com

Heavy Lift | News

Talbert names Henderson thumbnail image

Talbert names Henderson

September 13 - USA-based Talbert Manufacturing has appointed David Henderson as dealer development manager.
Views: 323
XLP gathers in Dubai thumbnail image

XLP gathers in Dubai

September 13 - Almost 160 delegates from around the world gathered in Dubai last week for the XLProjects (XLP) annual general meeting (AGM).
Views: 374
ACS adds office space in Spain thumbnail image

ACS adds office space in Spain

September 13 - Air Charter Service (ACS) has relocated its Spanish operation to larger premises in Madrid.
Views: 362
Persson joins Kässbohrer thumbnail image

Persson joins Kässbohrer

September 13 - Kässbohrer has appointed Christian Persson as its key account manager for Sweden, Finland and Norway.
Views: 403

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.