Badaro No.3 Ship Investment Company (The Fund) is Korea-based investment fund engaged in the ship building market. The Fund aims to make a profit for investors by investing in a vessel through its subsidiary GMF Great Ocean Shipping Company S.A. It owns a bulk carrier weighing 165,693 dead-weight tons (DWTs). The vessel has been chartered to CHANGMYUNG SHIPPING CO.,LTD for seven years from the point of delivery. The investment manager of the Fund is Global Marifin Finance Co.,Ltd and the custodian company is Hana Bank.
(Source: ARS)