Athens, Greece, June 4th, 2024 – Building on a long history of collaboration, European Maritime Finance (EMF) proudly announces an extended partnership with Atlas Maritime, cementing a commitment with DH Shipbuilding in Korea to construct two cutting-edge Suezmax tankers. This landmark initiative marks the 20th and 21st joint new build projects undertaken by EMF and Atlas Maritime, of which 17 have been placed with DH Shipbuilding.
EMF’s decision to fortify its presence in the Suezmax tanker market is a testament to the enduring success of its alliance with Atlas Maritime and the compelling market dynamics. The partnership, now spanning a decade, has consistently delivered vessels that embody the latest advancements, and this commitment continues with the addition of Odin Star and Olympic Star.
The forthcoming Suezmax tankers join the existing six vessels already in the production pipeline, bringing the total to eight sister vessels. Distinguished by their sustainability features, dual-fuel capability, LNG readiness, and Eco-class designation, these vessels exemplify the shared commitment of EMF and Atlas Maritime to lead the industry in environmentally conscious shipping practices.
Time Magazine recently recognized EMF for its global leadership in sustainable shipping investments, further validating the long-standing partnership’s dedication to advancing environmentally friendly practices in the maritime sector. Additionally, EMF has achieved a significant milestone by obtaining its license as an Alternative Investment Fund Manager (AIFM) from the Danish Financial Supervisory Authority, reinforcing its position as an innovative and trusted financial services provider in the maritime industry.
“We are proud to launch on our 20th and 21st joint venture vessels with Atlas Maritime. This milestone not only reinforces our enduring partnership but also highlights our collective commitment to delivering state-of-the-art vessels that meet the highest standards of sustainability and innovation. EMF, in collaboration with Atlas Maritime and DH Shipping, remains dedicated to setting new sustainable benchmarks in the maritime industry,” commented Martin Haugaard, Founder, Chief Executive Officer (Schweiz) AG and Chairman of the Investment Committee.
