have suffered from your investments during the current financial crisis? Do you want more stability for your asset allocation and security for your pension?
are then ship investments the right solution for you, for the economic development of recent fund shows no correlation with the way the DAX, the correlation is only 0.06. It is as investing a portion of the assets on an alien planet, in a completely different investment universe!
"$ 500 per day charter one million U.S. dollars purchase price" , that's the rule of thumb that the calculation of the new offer MS "Hermann Wulff" is based.
This is a year of water left behind container ships of modern design with a speed of 22.5 knots the fastest in its size class (2732 TEU) and is a real donkey: Thanks to an extra-strong construction of the hull has the ship has a very high load capacity. In a homogeneous loading of 14 ton containers to 82% of sites are used much more than comparable ships.
Even with the increasingly popular refrigerated container ports, the points MS "Hermann Wulff" : with 500 spaces, 150 more than usual, gives the boat plenty of room for the transport of temperature sensitive goods. Speed, high load capacity and flexible loading options are the three main items on the checklist of potential charterers. This ship is all over the front seats.
According to a recent study by the Bremen Institute of Shipping Economics and Logistics (ISL) may, in particular the size class 2500-3000 TEU currently good Convince prospects. Because these vessels are used not only for traditional long-distance trips, but also be booked for the increasingly fast-growing intra-Asian services that bind today about one-fifth of the vessel capacity.
The purchase price amounts to USD 50 million, from today's perspective, comparatively cheap.
The ship is chartered at a rate of 25,000 USD / day for three and a half years and is taken on revenue and term than the long-term average for the industry. After the fixed charter period is in the cautious forecast with revenue well below the current market levels expected.
charterer is the UASC, with a capital of around one billion U.S. dollars, one of the largest carriers on routes to the Middle East. The rating agency Dynamar assessed the creditworthiness of the UASC on the scale from 1 (low risk) to 10 (high risk) with "2".
The Fund uses the cost of "tonnage tax". Payments to the investors, including the later Verkaufsserlöses are therefore exempt. A currency hedge of the purchase price and a four-year fixed interest rate for U.S. dollar loans increase the safety calculation of the Fund. Investors may contact for a minimum sum part of € 20,000, the payments are at 7% per annum from 2008 rising to 13% pa prospected.
Conclusion: This offer is not only sufficiently profitable, it also offers every conceivable security: the critical initial phase, there is no interest rate risk, no delivery risk, no Baupreisrisiko, no construction price currency risk and no credit risk of the charterer . The market opportunities after the first job will be regarded as particularly good. The cautious outlook statement is based on high operating costs and declining revenue. The tax-free capital flows are compared with only marginal tonnage tax payments. therefore Rating: now.
0 comments:
Post a Comment