Commencement of Operations of a Ship Operating Lease Fund

26.11.06

Minato Management Co., Ltd. (Head Office: 1-1-12 Toranomon, Minato-ku, Tokyo; Representative Director: Tatsuto Kuramoto) is pleased to announce that it has commenced operations of a ship operating lease fund involving a Supramax bulk carrier.

The transaction involves a lessee belonging to a Middle East-based corporate group engaged in the international procurement and maritime transportation of grains and other commodities. The vessel, built in 2013, is a bulk carrier used to transport a wide range of dry bulk cargoes, including grains.

Minato Management will continue to provide diverse investment opportunities to Japanese investors through its ship operating lease business, while supporting the vessel acquisition and financing needs of overseas shipping companies.