The London-based private equity firm says it has boughtan unnamed 2010-built handysize bulker for an undisclosed fee.
The latest addition takes Talis’ Project Blueline fleetto five vessels with a combined deadweight capacity of over 67,000t.
“The addition of thislarger vessel provides further diversification for the underlying investors,”Talis Capital said in a statement.
Vienna based Intresco will be providing full commercial,technical and crew management services for this vessel.
Talis said it remains confident of achieving “compellingreturns” from an under-researched niche market within the shipping industry.
“Since the first vessel acquisition eleven months ago,excellent progress has been made towards building a modern fleet of handybulkers,” said Talis Capital director and co-founder Vasile Foca.
Matus Maar, director and co-founder of Talis Capital said:“Investors have been pleased with the high yield Blueline is providing on aquarterly basis, and we expect this latest acquisition will complement theexisting fleet.
“Diversification of earnings across vessels is key forour investors, and we look forward to further expanding the fleet later thisyear.”
Intresco managing directorNikolay Ostapov said: “This modern, well-equipped handy is well placed to meetthe growing demand we see in the dry bulk market.”
