Concordia Damen launch fund to stimulate inland shipping industry

Concordia Damen has launched the BesteVaer Capital Fund. This fund, it says, will facilitate the purchase of new and/or used inland vessels, thereby stimulating movement within the inland marine transportation sector.

An online business plan tool offers Damen’s customers – on a non-obligatory basis – the possibility of having a customised business calculated for a motor vessel of its stock database.

The resultant plan is specifically designed to serve as the first assessment of the financing of a vessel.

Should the financing requirements of the banks not be fully met, the planning tool will provide information on additional financing options which can be provided by BesteVaer Capital Fund.

“With this move we have added value to our solutions, providing our clients with a helpful financing tool,” says Concordia Damen’s CEO Chris Kornet. “This will facilitate easier purchasing of new and used inland shipping vessels from our stock portfolio and help provide stimulation to the inland shipping industry.”

Image shows the investment advisory committee including (L2R) Gerard Deen (Deen Shipping Group), Tom Boerema (Shipping Technology), and Leendert-Jan Visser (Comfort Vermogensbeheer).