Asia Pacific No. 14 Ship Investment Co Ltd (the Fund) is a Korea-based fund engaged in the ship investment industry. The Fund aims to achieve capital growth and generate dividends for investors through investing in the building, sale, purchase and long-term chartering of a single vessel, Oriental Emerald. The vessel is an oil tanker, weighing 49,700 deadweight tons (DWTs), built by Shina Shipbuilding Co., Ltd. The vessel has been chartered to Hyundai Merchant Marine for 12 years. The investment manager of the Fund is Korea Ship Finance (KSF) and the custodian company is Hana Bank.