Pelagic Partners Acquires a 20% Stake in Public Listed Company Golden Energy Offshore Services

We are pleased to announce our investment in Golden Energy Offshore Services (“GEOS”) through the public company’s latest round of private placement. The private placement was led by the company’s largest shareholder, Oaktree Capital Management. Pelagic Partners acquired 95 million shares to secure a 20% ownership stake and become the 2nd largest shareholder in the company. Pelagic Partners will also have a seat on the Board of Directors.

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Happy International Day for Women in Maritime!

On this day, we express our admiration to the women in Maritime whose dedication and resilience are paving the way and inspiring others. At Pelagic Partners, we value the input of women within the Maritime Industry, both off and on shore. As part of our 2023 ESG strategy, we prioritize equality and talent, irrespective of gender.

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CSC elects its Board of Directors

On Friday May 5th the Cyprus Shipping Chamber held its 2023-2025 Board of Directors Elections with great success and strong turnaround.

Following the successful elections, the 34th Annual General Meeting was held on May 9th 2023 in Limassol. The event was addressed by the President of the Republic H.E. Mr. Nikos Christodoulides, Speaker of the House of Representatives Mrs. Annita Demetriou and other esteemed guests.

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Pelagic Partners participates in Marine Money Cyprus

We’re thrilled to have been part of another incredible Marine Money event, this time at our base, where we had the chance to connect with some of the brightest minds of the industry and gain valuable insights into the latest trends and emerging technologies shaping the future of the maritime industry.

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UBC Halifax joins Pelagic Yield Fund

Pelagic Partners’ fleet expands with the acquisition of another Handysize Bulk Carrier, ex-MV Olivian Confidence, which falls under the investment strategy of the second compartment, Pelagic Yield Fund. UBC Halifax was built in 2013 at Shimanami Shipyard in Japan and has a capacity of 38,000 dwt.

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