Dee4 Capital completed the sale of its MR product tanker Dee4 Larch, achieving a 26% annual IRR for Fund I investors, while Fund II secures the vessel with a three-year charter to Weco Tankers.
Information on the Target
In June 2024, Dee4 Capital Fund I K/S finalized the sale of Dee4 Larch, a medium-range (MR) product tanker that was built in 2016 and registered under the Danish flag. This transaction marks the completion of all vessel sales associated with Fund I, which is now set for liquidation in the forthcoming months. Notably, Fund I has generated an estimated final net return to its investors, achieving approximately 26% annual internal rate of return (IRR) since its inception in 2019.
Industry Overview in Denmark
The shipping industry in Denmark plays a pivotal role in global trade, leveraging the country's strategic location and advanced maritime infrastructure. Denmark is one of the leading countries in shipping, renowned for its strong regulatory framework, high safety standards, and environmentally friendly practices. The Danish shipowners operate a diverse fleet, which is essential in fostering economic growth and ensuring efficient logistics and distribution channels.
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Moreover, the Danish maritime sector is characterized by continuous innovation and investment in green technologies, aligning with global sustainability trends. The g
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Dee4 Larch
in 2024
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