Schulte Group and DEVK have established Navigo, a maritime asset investment platform for institutional investors.
DEVK
Schulte & DEVK Establish Maritime Asset Investment Platform ‘Navigo’
The Schulte Group, one of Germany’s largest ship owners and ship managers, and DEVK, one of Germany’s well-known insurance groups, are pleased to announce the establishment of Navigo Shipholding AG (Navigo), a maritime asset investment platform for institutional investors.
The long-term objective of Navigo is to build up a mixed portfolio of vessels, predominantly under long-term charter agreements, providing good visibility of future earnings and thereby ensuring a calculable long-term steady...