Enterprise Investment Partners (EIP) is launching the newEIS-qualifying company London Shipping Ltd to take advantage of improvingshipping markets.
London Shipping is looking to raise £5m in equity to buy whatit says will be a ten to 20 years old handymax vessel which will also befinanced by a maximum 65% of debt to value. It is seeking minimum investmentsof £10,000 in an offer closing by 31 March 2014.
London