News

News & Perspectives

Portfolio developments, company announcements and the occasional view on how we think about owning businesses.

Hangzhou plant factory completes first full year of production

Output reached 236 tonnes against a 240-tonne plan, with yield stability improving through the second half.

Audit committee established, monthly reporting in place, and fleet utilisation up year on year.

All eight blocks structurally complete; handover remains scheduled for 2027 with phase one 92% sold.

Third-party tonnage now exceeds the group's own fleet, with a zero-detention record over twelve months.

Why we chose to invest off our own balance sheet rather than raise a fund — and what that changes in practice.

Five operating businesses across four markets, with maritime assets representing just over half of invested capital.