dreamstime_l_23224148

If there’s one kind of shipping investor that it is difficult not to feel rather sorry for, it is the thousands of private KG investors in Germany. Known in German shipping circles as “dentist owners”, due to the high proportion of dentists which invested their pension funds in container vessels, the so-called Kommanditgesellschaft were closed-end funds operating like mini-companies set up to own one vessel at a time; investors receiving payments from charter fees and the eventual sale of the vessel at ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.