Idan Ofer unveils new ship leasing arm

Idan Ofer has unveiled a new ship leasing arm in Singapore. 

Dynamis Capital has been created by Quantum Pacific, Ofer’s holding company, having just bought Fleetscape Capital from Oaktree Capital Management, a division that has a fleet of around 25 ships. 

Fredrik Ulstein and Kaizad Doctor, previously with Oaktree, have transitioned to lead Dynamis. No price has been revealed for the transaction.

“The company is committed to the ongoing leasing of commercial maritime vessels, with a particular focus on supporting ship operators who are actively engaged in the industry’s energy transition,” stated a release from Quantum Pacific.

“Our ultimate goal is to become a leading, long-term provider of alternative financing solutions for the maritime industry,” Doctor said.