Young coaster integrated for fleet renewal in operator structure
Northern Europe
Debt / Equity€3–4M / €2–3M
Vessels
1–2
Capacity
Below 5,000 DWT
Age
Less than 5 years old
Employment
Spot
Segment
Coaster / Shortsea bulker
Asset stage
Second-hand
Vessels
1–2
Region
Northern Europe
Capacity
Below 5,000 DWT
Age
Less than 5 years old
Operator
Family owned operator with roots back to the 19th century operating about 10 vessels.
Segment
Coaster / Shortsea bulker
Capacity
Below 5,000 DWT
Age
Less than 5 years old
Vessels
1–2
Employment
Spot
Debt
€3–4M
Equity
€2–3M
Initiator contribution
Max. 10%
Indicative IRR
6.5%
DSCR
1.14–1.5
LTV maximum
75%
Assumed are base case-calculations. The final figures can deviate from the indications.
