Leonardo B
Leonardo B was built in 2003 and is a 125-meter-long LPG tanker, specialized in the transport of liquefied petroleum gas (LPG).
The vessel has a bareboat charter that runs until April 2028.
In May 2024, Ramlösa Shipping acquired a stake in the vessel and now owns 41.2 percent through the SPV company Montemare Shipping Company Ltd., representing an investment of USD 2.4 million. According to the company's information, Leonardo B is expected to generate a monthly revenue of approximately USD 500,000, of which approximately USD 15,000 per month will accrue to Ramlösa Shipping. The vessel's cash flow is estimated to provide an IRR of around 20 percent per year. The project is planned to conclude in April 2028 through the exercise of a purchase option.
Leonardo B
TRF Chemtrans Mobile
TRF Chemtrans Mobile was built in 2016 and is a 184-meter-long chemical and oil product tanker that transports chemicals and oil products, equipped with specialized tanks and systems to safely handle a variety of liquid cargoes.
The vessel operates within the Hafnia Chemicals Handy/MR pool, which has shown strong performance with a positive trend in 2024.
The revenue from the vessel pool is distributed among the shipowners based on an agreed formula that considers factors such as the size, age, and performance of the vessels. In July 2024, Ramlösa Shipping acquired a stake in the vessel and now owns 7.5 percent through the SPV company Chemtrans Mobile A/S, representing an investment of USD 1.5 million. The average earnings for the pool in 2024 have been approximately USD 32,590 per day, plus a scrubber benefit of USD 1,500 per day. This earnings level is expected to be maintained for the rest of the year. The revenue is distributed to the owners of the SPV company (Chemtrans Mobile A/S) based on their ownership shares. The vessel's cash flow is estimated to provide an IRR of around 18 percent per year.
TRF Chemtrans Mobile
Perseus
Perseus was built in 2008 and is a 140-meter-long feeder vessel specialized in the transport of containers.
The vessel has a time charter contract with the Turkish company Akkon Lines for approximately 12 months, generating revenue of USD 13,125 per day for the SPV company, minus a 2.5 percent commission.
In July 2024, Ramlösa Shipping acquired a stake in the vessel and now owns 75 percent through the SPV company Atlantic Feeder III AS, representing an investment of USD 5.36 million. The vessel's cash flow is estimated to provide an IRR of approximately 30 percent over the next 12 months, and the estimated IRR five years after the investment is expected to reach 28 percent.
Perseus