Strengths & Values
- Controlled Growth
- Value driven
- Specialists in Risk Management
- Minimal down time at lower costs leading to higher margins
- Strong commercial and technical management team with equity interest in vessels
- 30 years of ship-operator experience = flexible and adaptable
- Strong client base who can utilize old tonnage
- Spot players = no counterparty risk! Long term time charter relet is an option, but not mandatory
Noteworthy
- Selected by ADM to manage their vessels after rigorous accounting, FCPA and operational audits
- Anti-Piracy expertise which has received high praise from UN Security teams patrolling GoA
- Relatively low overhead costs which do not get passed on to investors
- Upfront and transparent management costs with no hidden agenda
Key Benefits of Current TST strategy
- Admirable return for relatively low risk
- Downside risk is limited
- Self-sustaining venture
- Low-cost structure benefits all
- Low vessel depreciation rates
- HIGH upside potential
Future Expectations
- In face of the present market volatility, there is value to set up a fund to invest in �?experienced’ tonnage, in line with our current profile
- Be financially and operationally ready to take advantage of a market dip to acquire modern tonnage
- If the opportunity arises and obvious gains are evident, go for newer tonnage anyway