The regulatory authorities for ships in the State of Liberia, the world’s second-largest Flag State Register, commended the performance of the Investment House Fund’s fleet of ships and maritime cargo vessels. The regulatory authorities sent a letter of commendation to the technical director of the Investment House Fund’s fleet, appreciating the fleet’s commitment to the safety of ships, crew, environment, and port regulations. No violations, detentions, or fines were recorded on any of the Fund’s ships for two consecutive years, marking a significant achievement in the shipping and maritime sector.
It is worth noting that the fund owns a fleet of 10 ships on behalf of its clients, and this fleet has witnessed a significant increase in value since its acquisition. The Fund’s ships have transported about 7 million tons of goods worldwide, of which food products accounted for the largest share at an estimated rate of 60%. It is also noteworthy that the Commercial Director of the Investment House Fund for Ships and Maritime Cargo has been elected as a member of the Baltic Exchange, a leading global source for independent maritime market data.
Mr. Mohammed bin Ahmed Al Suwaidi, Chairman & Managing Director of the Investment House, stated that this significant increase in the value of the funds is attributed to the quality of the owned ships and the growing demand for them, especially since they are dedicated to shipping vital goods and materials, which are less susceptible to external and economic factors.
Mr. Al Suwaidi explained that Investment House’s strategy involves studying and analyzing all products before establishing a new investment fund or acquiring one. The company’s twenty years of experience have enabled it to understand the market cycle, its requirements, and how to manage global economic crises. He elaborated on the performance of the company’s products and solutions during the Corona pandemic, where 9% of annual profits were distributed even at the peak of the crisis. Mr. Al Suwaidi added that the company is currently studying the launch of new products that suit the diverse needs of individuals and institutions
