It marks Investec’s first deal in the sector since launching a box financing venture last year and its debut move in the South Korean market.
Sinokor has 39 container vessels to its name, with the fresh boxes equal to 8.5% of its present container fleet, a statement says. It did not reveal the size of the cheque.
As TradeWinds reported last October, Investec hired Keith Glasscoe to lead its container financing venture.
