MC-Seamax Takes Delivery of 8,500 TEU Post Panamax Containership the CMA CGM Vivaldi

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Stamford, Connecticut – (March 3, 2014) — MC-Seamax Management Limited (“MC-Seamax”) announced today that it took delivery of a 2004 built 8,500 TEU containership the CMA CGM Vivaldi.

The vessel was acquired from CMA-CGM SA, the world’s third largest container shipping line, and immediately entered into a three-year time charter with CMA-CGM.  The Vivaldi is the initial investment of the MC-Seamax Shipping Opportunities Fund, launched in September 2013.  According to the Managing Partners of MC-Seamax, Cao Deambrosio and Ron Petrunoff, “We are pleased to launch our investment program with the acquisition of a high-quality, versatile ship. The charter back to CMA secures three years of strong cash flows from a market leading operator.”

 

About MC Seamax Management Limited:

MC-Seamax is an independent investment management firm which provides institutional investors with unique opportunities in the maritime sector, investing in long-lived, revenue generating, physical assets that are vital to global trade.  Founded in 2012, the management team has more than 100 years of combined investment and operational experience with transportation-related assets such as container ships, tankers, bulk carriers, offshore, containers and maritime infrastructure.

 

CONTACT INFORMATION:

MC-Seamax Management Limited
Tel.: +1(203) 487-6700

Email: IR@mcseamax.com