Doria Shipping Company Ltd News

Hansa Hamburg Shipping International announced the launch of its latest fund issue, Margara mbH & Co. KG. The fund is available for subscription immediately and offers prospective investors the opportunity to invest in a state-of-the-art, highly versatile, double-hull Panamax tanker. "We are pleased to offer our investors an exciting capital investment opportunity with a planning horizon of around 14 years", explains Hansa Hamburg director Erich Schlegel. According to Schlegel, given the tanker's attractive purchase price and the favourable long-term market fundamentals, the fund is well-positioned for an above-average return on investment. Investors have the option of subscribing to the 2004 or 2005 tranches of the ordinary capital, the preference capital, or a combination of all three.