Shipping investment platform Oaktree Capital Management has done few low-key moves, adding a trio of ships in two new segments
At the start of last month the US-based outfit added its first supramax, the Eleen Neptune from Japanese interests. The distressed assets specialist laid $15m on the table for the nine-year-old Mitsui-built ship. The fair market value is half a million more according to MSI.
from Japanese interests. The distressed assets specialist laid $15m on the table for the nine-year-old Mitsui-built ship. The fair market value is
The supramax move came some months after it made its first move into handysize sector, adding the 36,800 dwt Praslin for $13m from Norden. The outfit added its first handy at the beginning of the year, taking the 26,000 dwt Vantage Blade, albeit the deal was not officially concluded until last month.
