Korea Pacific No.02 Ship Investment Co.,Ltd. (the Fund) is a Korea-based investment fund company. The Fund aims to achieve capital growth and a high profit to redeem loans and distribute earnings through the acquisition, operation, investment management and charter of a single vessel. It owns a chemical tanker weighing 19,900 dead-weight tons (DWTs), built by INP Heavy Industries Co., Ltd. The vessel has been chartered to Sekwang Shipping for 12 years from the point of delivery. The investment manager of the Fund is Korea Ship Finance Co., Ltd. and the custodian company is Hana Bank.
(Source: ARS)