MPC Munchmeyer Petersen Capital (MPC Capital) has taken a EUR 17.2m ($19.68m) hit from its investment in an oil rig.
The German investor, better known for its ownership of boxships, said it made an extraordinary write-down on financial assets of EUR 9.6m in 2018.
This related to the carrying amount of two indirect investments from the former KG business in a deep-sea exploration platform in the full amount of EUR 9.6m,
