Hayfin Capital has ordered two post-panamax bulkers in Japan after clinching a long-term charter deal.
It said the 100,000-dwt duo, to be delivered in 2026, will be committed to an “international energy trader”.
No price has been disclosed for the deal, placed at Oshima Shipbuilding’s Nagasaki Shipyard through Sumisho Marine.
The investment is part of Hayfin’s Maritime Yield Strategy, which has armed the alternative investment platform with $1bn of capital and finance to invest in shipping deals.
The bulkers will be placed with in-house management firm Greenheart.
Hayfin described the deal as an attractive investment opportunity because the ships are highly fuel-efficient, the orderbook for post-panamaxes is limited and shipyards are full.
It said the deal reflects its commitment to the Japanese market as an “asset owner and long-term charter provider”.
Active in the country since 2015, it opened an office in Tokyo last year.
“This transaction is another sign of our firm commitment to the Japanese market and demonstrates the kind of attractive asset exposure we can offer to investors through our Maritime Yield Strategy; combining fuel-efficient assets and long-term charters to investment-grade counterparties against a supportive long-term market backdrop with consistent tonne-mile growth and a fleet in urgent need of renewal,” said Hayfin head of maritime Andreas Povlsen.
As earlier reported, Hayfin recently committed to two suezmax tanker newbuildings at Hyundai Heavy Industries in South Korea.
