Lemissoler Maritime Company

Lemissoler Maritime Company

The investment in Lemissoler, a Bahrain based ship owning company, was made in 2008. The Company operated a fleet of 4 specialized commercial vessels and containerships under long term, fixed rate time charters with blue chip companies. The Company has sold all of its fleet which had been operating under profitable medium-term fixed rate charters. The proceeds of the sale were used to settle all outstanding liabilities, and the company is in the process of liquidation.

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Asset Class:
Private Equity
Project Status:
Exited in 2020

Latest News from Lemissoler Maritime Company

Lemissoler Maritime Company receives ‘The 2010 Lease Deal Of The Year Award’ from Marine Money

7th September 2011

At the Marine Money Conference, held at the New York Stock Exchange, Lemissoler Maritime Company (one of Venture Capital Bank’s portfolio companies), was honored with the prestigious “Lease Deal Of The Year” award for 2010 by Marine Money Magazine, a leadin ...

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Venture Capital Bank announces 9% annualized Dividends for Lemissoler Maritime Company W.L.L.

4th May 2009

Venture Capital Bank has announced the distribution of an annualized 9% dividend representing 4.5% for the 6 months ending 31st December 2008 to the investors of Lemissoler Maritime Company W.L.L. VCBank has successfully arranged a US$ 120 million private p ...

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