Established in 2010 as a financial ship owning company

• Has invested approx. NOK 300m (Equity)

• Invest in single purpose shipowning companies

• Aims to pay yearly dividends to the shareholders

• Has a historic average dividend level of approx. 8% pa (since 2011)

• Expects to deliver an IRR for each project in the range of 15-20%

• Invest in vessels with long term BB/TC contracts with solid counterparties