Oaktree capital management lp 60 capital product partners oaktree capital management lp 5 newco 5 mrs from torm tufton oceanic 5 damico international shipping 2% share in dis oaktree capital management and navig8 220 navig8 chemical tankers new venture ordered 6 firm 37,000 dwt imo. Telegraph investor tufton oceanic assets limited ord npv. Tufton oceanic became the latest hedge fund to bet on a recovery in world shipping on wednesday when it announced that it had acquired a 50 per cent stake in a 12vessel fleet. Dec 12, 2017 this copy is for your personal, noncommercial use. Investegate tufton oceanic asset announcements tufton. Tufton oceanic assets sells three cargo vessels for usd19.
Jul 15, 2009 tufton oceanic became the latest hedge fund to bet on a recovery in world shipping on wednesday when it announced that it had acquired a 50 per cent stake in a 12vessel fleet. Uks fund management company tufton oceanic has added two handy bulk carriers, purchased from usbased apex bulk carriers llc for a total of usd 19. The company focuses on investing in a diversified portfolio of secondhand commercial seagoing vessels utilizing a range of employmentcharter strategies. Tufton oceanic assets announces its interim results for the six month period ended 31 december 2018. Oceanic investment management limited and tufton corporate services limited are licensed by the financial services authority of the isle of man. Tufton s assetbacked investments group abi manages private maritime investments for major european pension funds and other clients. Funding of the shipping industry and implications for pe. Tufton oceanic assets limited tufton oceanic assets or the company.
The evolving financing landscape for shipping since 2009. Oceanic marine management omm, is a highly innovative and motivated modernday maritime management company, providing an extensive, yet fully comprehensive range of maritime services from a single onestop source located in cyprus with group offices strategically located around the globe and being part of the tufton oceanic finance group. He subsequently joined ubs warburg as head of shipping research in 1995 where in addition to regular research activities he was involved in numerous corporate transactions in the. Leading tanker and lng shipping companies presenting at. George mouskas, managing director zela shipping group. Tufton takes a bet on recovery for shipping financial times.
Gg00bdfc1649 view the latest price,charts and performance information at aj bell youinvest. Tufton oceanic was established in 1985 and has been focused on its target sectors since formation, consistently investing in and directly owning shipping and oil services assets and taking advantage of market cycles for the benefit of our institutional partners. Tufton investment management ltd is authorized and regulated by the financial conduct authority. Marine money london ship finance forum 27th january 2016. Biographies tufton oceanic a fund management company. Tufton oceanic said that the initial yield is in line with its targets. Tufton oceanic sells three cargo vessels, buys product tanker. Tufton oceanic s various investment management companies are licensed by the isle of man financial supervision commission to conduct investment business, and tufton oceanic middle east limited tome is regulated by the dubai financial services authority. Oceanic ship management, mumbai, maharashtra, india. Fill in the quick and easy form below and we will get back to you as soon as possible.
Tufton oceanic buys containership duo world maritime news. Dis, a leading international marine transportation company operating in the product tanker market announces today that its majority shareholder, damico international s. Tufton oceanic assets scales back ipo target lloyds list. Send us a message using the form below or contact us via any of the contact details in the righthand column below. Nov 12, 2016 tufton oceanic shipping management limited. Oceanic shipping services is a fully integrated provider of shipping management services and commercial management company. Lse performance with charts showing discrete performance and premium and discount movement. Contact us tufton oceanic a fund management company. A politically stable jurisdiction, the isle of man is well respected by the oecd and has a favourable and forwardlooking tax regime, and enjoys a zero rate of corporate tax as from 2006.
Oceanic worldwide provides multiple shipping options through several trusted service providers. Private equity tufton oceanic a fund management company. Vailankani prasad plot no 575b, 2nd floor, mori road, mahim west, mumbai 400 016. Dlv means she is equipped with both heavy lifting crane as well as pipe laying system and astonishingly, as a new and modern vessel she is far superior to conventional vessels in both functionality. A global provider of highquality, costefficient and transparent technical management services to shipowners and financers. Andrew hampson managing director tufton oceanic ltd panellist. The views expressed are solely those of tufton oceanic. Paulo almeida, portfolio manager, asset backed investments tufton oceanic 1. The 34,400 dwt lisa j and 35,000 dwt steven c were built in 2010 and 2009 at south koreas goseong shipyard. Tufton oceanic sells ships for the first time and buys tanker. Our integrated it platform offers complete endto end visibility for our customers. She has served as the cfo of angloatlantic steamship co.
Between 2010 and 2015 mr barnes worked for bnp paribas as managing director and cohead of its emea shipping and offshore business. Member of the executive committee cyprus union of shipowners. Tufton s assetbacked investments group tufton abi manages private maritime investments for funds and other clients and, as at 30 september 2016, had c. As an experienced operator, we provide high quality technical management custormers globally. Greecebased global shipping company specializing in the transportation of dry bulk commodities pioneer marine said that it has entered into a commercial management agreement with tufton oceanic. Tufton oceanic is a fund management firm for the maritime, energy related and the wider global transportation and infrastructure sectors. Press release tufton oceanic joines damico international shipping s.
Tuftons assetbacked investments group tufton abi manages private maritime investments for funds and other clients and, as at 30 september 2016, had c. Contributed to the development of a revenue management slot allocation model for liner shipping companies. One ship is chartered to part of a major investment grade container shipping group, while the second vessel will commence its charter to the same group after completing a few months of an existing charter. Press release tufton oceanic joines damico international. Tufton oceanic shipping management limited business. The firm is committed to the provision of excellence in structuring, investing and managing its asset backed investment and equity funds focused on these target sectors. Tufton oceanic assets happy with portfolio despite virus concerns. Read recommendations from some of the top stockbrokers in the industry. Tufton oceanic assets ltd is a guernsey domiciled investment company listed on the london stock exchange which invests in a diversified portfolio of secondhand commercial seagoing vessels delivering strong cash flow and capital gains to investors. Find the latest tufton oceanic assets limited o ship. The evolving financing landscape for shipping since 2009 andrew hampson, tufton oceanic ltd. The units will be the companys third and fourth investments. Tufton oceanic set up tufton corporate services limited to provide a comprehensive package of corporate services to the worldwide shipping sector. L stock quote, history, news and other vital information to help you with your stock trading and investing.
The consensus view on tufton oceanic assets ltd ship ord npv usd shares. Tufton oceanic assets limited is a united kingdombased closedended investment company. Roine ahlquist, managing director tufton oceanic shipping management mr. The 34,400 dwt lisa j and 35,000 dwt steven c were built in. Dec 20, 2019 san sebastian handysize 32,300 kanda 2007 7. The information contained in this website does not constitute an offer to sell, or the solicitation of an offer to acquire or subscribe for, any securities of tufton oceanic assets limited in any jurisdiction in which, or to any person to whom, such offer or solicitation is unlawful. Tufton oceanic ltd news maritime news, maritime magazine. Advisor to the head of research of tufton oceanic hedge fund kefalonia, greece established demandsupply models for various shipping subsectors, conducted freight transportation modelling and built. Oceanic shipping services private limited is a private incorporated on 27 june 2012. Corporate services tufton oceanic a fund management.
Tufton oceanic also manages the oceanic hedge fund. Mar, 2018 one ship is chartered to part of a major investment grade container shipping group, while the second vessel will commence its charter to the same group after completing a few months of an existing charter. Developed by industryleader, cargowise, this service provides. Tufton oceanics various investment management companies are licensed by the isle of man financial supervision commission to conduct investment business, and tufton oceanic middle east limited tome is regulated by the dubai financial services authority. Paulo almeida, portfolio manager tufton oceanic ltd. Introduction oceanic 5000 is a stateoftheart dlv managed by msh. Broker price forecast for tufton oceanic assets ltd ship. It is classified as nongovt company and is registered at registrar of companies, mumbai. Tufton investment management limited, registered in england, company registration number.
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