High Quality 2003 Built Japanese Aframax
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.
Key Numbers
$ 11.50m
Q4 2021
Vessel Valuation
Anticipated Exit