Norwegian asset manager launches debt fund for shipping industry

European shipping has difficulties borrowing money. With a new maritime investment fund, Norwegian asset manager NRP Maritime Asset Management aims to offer capital to small and medium-sized shipping companies.

Photo: PR / Dietmar Hapenpusch / Port of Hamburg Marketing Association

Norwegian NRP Maritime Asset Management has obtained USD 110m for investment in shipping via a new investment fund, the Premium Maritime Credit Fund, based in Luxembourg.

The plan is for the fund, which has attracted both private and public investors, to focus on investments in small and medium-sized shipping companies in Europe, according to a press release.

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