Japan’s Mitsubishi Corporation recently closed a $300 million fund that will invest in the container shipping market, the company said in a statement.
The MC Seamax Shipping Opportunities Fund received commitments from institutional investors in Japan, Europe and North America. Mitshubishi Corp committed $50 million out of the $300 million commitments, it said.
Managed by MC-Seamax Management Ltd, a joint venture between MC Asset Management Holdings, the fund aims to generate a stable income through the acquisition and leasing of container vessels to major shipping liners.
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