Idan Ofer’s Quantum Pacific Group has completed the acquisition of Oaktree Capital Management-owned Fleetscape Capital.

It has set up Dynamis Capital in Singapore to acquire over 20 vessels previously owned by Fleetscape, as first reported by TradeWinds last month.

“The company has been considering the creation of a standalone ship leasing platform for some time, and this initiative aligns perfectly with Oaktree’s sale process of Fleetscape,” Quantum Pacific said.