Tufton Oceanic Assets (SHIP LN) has released its quarterly update for Q1 2021 today, the latest published NAV as at 31 March is $1.053 up 7.2% on the previous reported NAV of 98.2c as at 31 December. Together with the quarterly dividend of 1.875c this gives rise to a 9.1% NAV TR. The NAV growth has been driven from the fair value gains as containership values rose strongly towards the end of the quarter. Furthermore, as the demand for second hand vessels has pushed charter rates up recently and ....
22 Apr 2021
Strong Q1 NAV TR 9.1%, plus more growth to come
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Strong Q1 NAV TR 9.1%, plus more growth to come
Tufton Oceanic Assets Limited (SHIP:LON) | 0 0 0.0% | Mkt Cap: 287.0m
- Published:
22 Apr 2021 -
Author:
Paul Glover | Charles Murphy -
Pages:
3
Tufton Oceanic Assets (SHIP LN) has released its quarterly update for Q1 2021 today, the latest published NAV as at 31 March is $1.053 up 7.2% on the previous reported NAV of 98.2c as at 31 December. Together with the quarterly dividend of 1.875c this gives rise to a 9.1% NAV TR. The NAV growth has been driven from the fair value gains as containership values rose strongly towards the end of the quarter. Furthermore, as the demand for second hand vessels has pushed charter rates up recently and ....