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Our PCTC Clean Star Achieves Record High Time Charter Rate

European Maritime Finance, in partnership with Atlas Maritime Ltd., secures record charter rate for car carrier newbuilding.

We are proud to announce that Clean Star HN H591, our dual-fuel LNG Pure Car and Truck Carrier (PCTC), has secured a record-high two-year time charter at a daily rate of USD 80,000 with a leading Chinese operator in the roll-on/roll-off transportation of cars, trucks, and heavy vehicles.

This is the highest time charter rate ever achieved across EMF’s fleet and investment portfolio, reinforcing our ability to secure premium commercial opportunities and maximize long-term value creation.

The vessel remains on schedule for delivery following its successful launch in June, marking another important milestone as we continue to build a portfolio of premium maritime assets.

As Martin Haugaard, Founder and Chairman of the Investment Advisory Board at EMF, commented:

“This record-high charter further strengthens the earnings profile of the investment and reflects our long-standing commitment to delivering attractive and sustainable returns for our investors.

This new two-year time charter alone is expected to generate approximately USD 56 million in gross revenue, clearly demonstrating the significant long-term value creation potential of these assets.

With an anticipated operational life of 25–30 years, these vessels are capable of generating attractive earnings, strong cash flows, and substantial dividend distributions for decades. Combined with their long-term residual asset value, we believe this investment represents exactly the type of high-quality maritime opportunity we seek to offer our investors.”

We sincerely appreciate the continued trust and commitment of our investors and look forward to creating long-term value together.

Read the article here: https://lnkd.in/e2ArGGid

European
Maritime
Finance

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European Maritime Finance A/S has an AIFM (Alternative Investment Fund Managers) licence and is regulated by the Danish Financial Supervisory Authority.

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