Lloyd Fonds sticks to its shipping ambitions

The stock-listed German investment fund Lloyd Fonds has not abandoned its plans to become a stock-listed company that focuses exclusively on shipowning.

Photo: Hamborg Havn

German investment fund Lloyd Fonds maintains its ambitions to become a pure-play listed shipowning company with a broad variety of investments in German-owned vessels, says the company in its second quarter interim report on Thursday.

In addition to shipping, the fund also has investments in aviation and real estate, but in spite of a past failed attempt at gathering investors in numerous of the crisis-stricken German KG companies that have invested and lost enormous sums in ships during the financial crisis, Lloyd Fonds' management has not abandoned its plans to become a stock-listed shipowning company.

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