MT »Cape Bille«

Overview

Offer:: Modern double covering product-/chemical-tanker. The ship can transport crude oil, oil-products and chemicals as well as all liquids according to IMO III. The ship has 15 coated tanks. The load carrying capacity amount to 35.000 tons by a draught of the ship of 10 meters. The MT"Cape Bille" fulfills the regulations of MARPOL and GRANDPA 90. The MT"Cape Bille" was built according to the regulations of the Norwegianklassifikationsgesellschaft Det Norske Veritas. The ship is registered under the flag of Marshall-Islands in Majuro.
Dockyard:: Hyundai Mipo Dockyard Co. Ltd., Süd-Korea. The delivery will presumably take place in october 2003.
Occupation:: Charterer is Schoeller Holdings Ltd., Limassol/Zypern. Charter-Duration amount to 5 years plus one option with 12 month each (+/-30 Tage). The daily charter-rate amount to US-$ 12.400 for the first 12 month, US-$ 12.800 for the second 12 month and US-$ 13.500for the following 36 month. The daily charter-rate for one option amount to US-$ 14.800.

Ship owner:: Columbia Shipmanagement Ltd., Limassol/Zypern
Issuing house:: König & Cie. GmbH & Co. KG, Hamburg
Trust:: KVT Treuhand GmbH, Hamburg
Charterer:: Schoeller Holdings Ltd., Limassol/Zypern. Dynamar Rating 3.
Minimum Investment:: The minimum drawing total should amount to EUR 15,000 zzgl. Agio.

Investors can contract in the MT »Cape Bille« over the MT »CAPE BILLE« Tankschiffahrts GmbH & Co. KG (Tranche 2003/2004).