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MT »Cape Baxley«

Overview

Offer:
The MT "Cape Baxley" is a double covering crude oil tanker (Suezmax class). The ship can transport different petroleum products as well as crude oil bycoated tanks. The ship has12 charge tanks with a total volume of approximately 175,000 cbm. Three different charges can be transported at the same time. The shipis registered under the flag of Marshall-Islands in Majuro.nn

Dockyard:
Hyundai Samho Heavy Industries Co.,Ltd., South-Korea. The delivery will presumably take place in June 2003.

Occupation:
Charterer is Kristian Gerhard Jebsen Skipsrederi A/S (KGJS), Bergen/Norwegen. Charter-Time amount to 10 years plus four options with 12 month each (+/- 30 days). Charter-Rate: US-$ 26.000 a day. Daily Charter-Rate for option: US-$ 27.000. After 10 years KGJS has a call-option.

Partner

Ship owner:
Columbia Shipmanagement Ltd., Limassol/Zypern

Issuing house: 
König & Cie. GmbH & Co. KG, Hamburg

Trust:
KVT Treuhand GmbH, Hamburg

Charterer:
Kristian Gerhard Jebsen Skipsrederi A/S (KGJS), Bergen/Norwegen. Dynamar-Rating: 3-4.

Minimum Investment:
The minimum drawing total should amount to EUR 15,000 zzgl. Agio.

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Abkürzung für engl. Motor Tanker.