We are pleased to share that the handysize bulkcarrier Italida was successfully handed over to her new owners in Cyprus at the end of July.

The vessel had been part of our portfolio for just under four years, following her acquisition in October 2021. During this period, Italida was actively traded worldwide in the spot market by our project partner, Tide Line, who also served as the vessel’s technical manager. Their strong commercial and technical performance contributed significantly to the successful execution of this project, although our normal IRR target was not reached.

We would like to sincerely thank Tide Line for their excellent service and collaboration throughout this time. We look forward to exploring new opportunities together in the future.