Beluga Shipping has announced plans to make further investments in the super heavy lift market, extend its existing business segments, and improve its overall service offering.
Initially, additional growth is expected in the offshore wind farm sector. Later on, the offshore market is expected to become Beluga’s second main pillar. In order to carry out these strategic investments and continue on its long-term growth path, Beluga Shipping has taken on board the American investment company Oaktree Capital Management LP (OCM). Oaktree has agreed to invest in this innovative company and provide the financing for its strategic growth. The partnership between Oaktree Capital Management and Beluga Shipping was officially sealed during summer 2010 and Beluga was expected to order its first new special vessels shortly after the signing.
Initially, additional growth is expected in the offshore wind farm sector. Later on, the offshore market is expected to become Beluga’s second main pillar. In order to carry out these strategic investments and continue on its long-term growth path, Beluga Shipping has taken on board the American investment company Oaktree Capital Management LP (OCM). Oaktree has agreed to invest in this innovative company and provide the financing for its strategic growth. The partnership between Oaktree Capital Management and Beluga Shipping was officially sealed during summer 2010 and Beluga was expected to order its first new special vessels shortly after the signing.
