Navigare Capital acquires VLCC tanker for nearly USD 70 million

Investment firm Navigare Capital, which has Maersk-heir Robert Mærst Uggla as majority owner, just bought the first VLCC tanker for its portfolio of vessels owned by two funds.

Photo: PR / Navigare Capital Partners

Investment firm Navigare Capital, which has the CEO of A.P. Møller Holding and Maersk-heir, Robert Mærsk Uggla, as majority owner, just bought the first VLCC tanker for its portfolio of 23 vessels owned by two funds, the Danish firm confirms to ShippingWatch.

"It's correct that we've bought the aforementioned VLCC. As per usual, we don't comment on the price. It's also correct that this is our first VLCC investment," writes Henrik Ramskov, managing partner of Navigare Capital, in an email to ShippingWatch.

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