AmericasDry Cargo

JP Morgan takes another two capes on subjects

Photo of Sam Chambers Sam ChambersSeptember 11, 2017
6 Less than a minute

In what Clarkson Research is describing as a “headline deal” JP Morgan has take on two modern sister capes subjects from SwissMarine.

In its latest weekly report, Clarkson Research reports the very active JP Morgan is paying around $45m per ship for the two 2016 ships which were built at Japan Marine United.

In June, JP Morgan secured $480m for its Global Maritime Investment Fund 2. It has taken on a double digit number of dry bulk vessels of all sizes in the year to date.

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Photo of Sam Chambers Sam ChambersSeptember 11, 2017
6 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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