Seamax Investment, a Limited, issues a bond loan of 40 million euros. The term is 6 years with a fixed interest rate of 10% per year.
Seamax Investment becomes the owner of the sister ships Sally Europe and Sally Invicta. Both ships will operate the route between Oostende in Belgium and Ramsgate in England, a route with a sailing time of 4 hours.
Four times a day, there will be a ship sailing from Oostende to Ramsgate
Seamax Ferries rents the ships from Seamax Maritime, which leases the ships from Seamax Investment over a period of 6 years.
Every year, at least 6.5 million euros is repaid on the loan plus 10% interest.
The ships are well maintained and meet all strict safety requirements.
The ships are in dry dock once a year for major maintenance.
An expert crew takes care of the ship and the passengers.
