EMF XV
- Our Projects
- EMF XV
Finalized Project
High Quality 2003 Built Japanese Aframax
EMF XV represents the purchase of a vessel with high technical standards. The acquisition limited EMF XV’s downside due to the vessel’s age and almost muted premium to scrap prices. The shareholders anticipated that the cyclical bottom was imminent. Therefore the tonnage was perfectly positioned for an uptick in earnings and an increase in vessel valuations. The acquisition presented a countercyclical exposure on the back of depressed asset values and significant upside potential.
EMF XV represents the purchase of an Aframax Oil Tanker with high technical standards. Due to the vessel’s age and almost muted premium to scrap prices, the acquisition limited EMF XV’s shareholder’s downside. The project presented a countercyclical exposure on the back of depressed asset values and significant upside potential.
Vessel valuation
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m