Pelagic Partners’ new credit fund makes debut with MPP trio

Cyprus-based shipowner and fund manager Pelagic Partners has completed the acquisition of three multipurpose vessels in its first deal under the company’s newly established MareVia Credit Fund. The three 2011-2012-built 17,500 dwt units — Condor Bilbao, Condor Magallanes, and Condor Valparaiso — are currently employed under a bareboat charter with a minimum term of five …

splash247