Announcement of the Formation of a Ship Operating Lease Fund

25.06.18

Minato Management Co., Ltd. (Head Office: 1-1-12 Toranomon, Minato-ku, Tokyo; President and CEO: Tatsuhito Kuramoto) is pleased to announce the establishment of a new investment fund focused on ships.
This is our second ship fund this year, following the one launched in March.

Overview of the New Fund

Investment Target:

Multipurpose vessels operated by European companies

Investment Scheme:

Utilizing a sale-and-leaseback structure, with financing from financial institutions (leveraging effect)

Operation Method:

Managed using lease payments received from charterers as the source of dividends

Ships are a critical component of global logistics infrastructure. We believe that investments in infrastructure closely tied to daily life carry high social value.
This investment decision was made based on the value of the vessel, the multipurpose vessel market, and the credibility and relationship with the charterer.
Please note that, due to confidentiality obligations with the counterparties, we are unable to disclose details such as the specific vessels, counterparties (charterers), or the transaction terms.

Future Outlook

We regard the ship operating lease business as one of our core areas of focus going forward. Another investment is currently under consideration for autumn this year, and from next year onward, we plan to continuously establish 3 to 4 new funds annually.
Minato Management remains committed to contributing to a sustainable society through the planning, development, and investment in diverse businesses.
We will continue to provide attractive investment opportunities to our investors and contribute to the broader development of society.