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Carsten Mortensen raises capital for new shipping fund: "We are well underway"

The new shipping fund will be ”many times larger” than the first fund, which recently delivered a massive payout for its investors.
"We have been rather conservative when it comes to gearing, and we will remain that way in the future. Thus, we must reach a pretty low cash flow to break even on ships," says Carsten Morten, founder of Dee4 Capital Partners. | Photo: Mathias Svold
"We have been rather conservative when it comes to gearing, and we will remain that way in the future. Thus, we must reach a pretty low cash flow to break even on ships," says Carsten Morten, founder of Dee4 Capital Partners. | Photo: Mathias Svold
by DAG HOLMSTAD

Carsten Mortensen, former CEO of shipping group BW Group and carrier Norden, confirms to ShippingWatch that he is currently in the process of raising capital for a new, grand shipping fund after the first fund delivered strong dividends for its investors.

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