29 March 2016 Newsroom
Tanker pair continue to generate healthy dividend for investors, finance house says.
Lloyd Fonds has issued a tasty payout to investors in a pair of panamax tankers.
It is distributing EUR 5.1m ($5.71m) in total to stake holders in the 72,400-dwt American Sun and Canadian Sun (both built 2004), a statement said
It follows a 40% equity payment in 2015 on the back of stronger earnings from the ships that trade in the Penfield Marine Pool.
Lloyd Fonds has 10 tankers in various funds that generated a total payout of EUR 11.3m last year.