Navigare Capital Partners welcomes pair of container feeder vessels (Video)

Denmark-based maritime assets investment specialist Navigare Capital Partners have announced the delivery of a pair of container feeder vessels MV Cape Sorel and MV Cape Serrat.

Both vessels were delivered in China and they have started their employment immediately after.

These new ships are the last of the six 2700 TEU container feeder vessels through the joint venture with Schoeller Holdings, an investment company based in Limassol, Cyprus.

According to Schoeller Holdings in a LinkedIn post, the vessel Cape Serrat built by CSSC, HuangPu Wenchong Shipbuilding Co. Ltd in Guangzhou, was delivered on April 2.

“Both teams have shown great passion, professionalism and dedication which brought us this far,” reads the short statement of Navigare Capital Partners in the social media.

Schoeller Holdings also released a video in the social media showing the Cape Serrat delivery.

Last month as Shipping Telegraph reported, Navigare Capital Partners, founded by chief executive of A.P. Moller Holding Robert Maersk Uggla and four experienced executives from the shipping industry, have secured a first close of nearly $350m for its third fund, Maritime Investment Fund III.

Meanwhile, it sealed a deal with designer and shipbuilder Vard for one CSOV with options for two additional vessels.

“The fund builds on the success of our two previous vintages, which have both delivered double-digit operating cash yields and exceeded the IRR target,” Navigare said in a post on LinkedIn.

Navigare Capital said it continues on investing in diversified opportunities across several shipping segments and as with the previous funds, there will be a key focus on contributing to the green transition, both from continued reductions of vessel emissions and through investments in vessels that support the development of offshore wind.

Video credit: Schoeller Holdings