ABP invests in Ipswich Port’s infrastructure

The Port of Ipswich has invested £700K in the construction of a new, de-mountable warehouse as part of its commitment to continuously improving the port infrastructure it makes available to its customers.

Construction of the new portable warehouse began in 2018 and was completed on schedule to provide extra storage space facilities to accommodate the growing business needs of ABP’s customers Clarksons Port Services.

Andy Rham, Managing Director, Clarksons Port Services, said: “Clarksons Port...

http://container-news.com/abp-invests-ipswich-port-infrastructure/

The magic of the IRR: Are high returns prompting the return of investment funds in shipping?

The internal rate of return, or simply the IRR, is the magic figure that private equity fund managers, shipping-focused investors and affluent shipowners alike employ to determine if an investment makes sense.

The investment firm recently launched by the prominent Greek shipowner George Livanos and two bankers, as well as the launch of Schulte Group’s shipping fund, has prompted me to explore the power of IRR and engage in some simple number crunching.

Take a five-year-old, 9,000 TEU...

http://blogs.platts.com/2018/07/11/magic-irr-high-returns-investment-funds-shipping/