Icon Energy to Invest 5% Stake in 2,000 TEU Feeder at $26,500 Daily Charter
ICON•Icon Energy will acquire a 5% equity interest in a 2,000 TEU geared container feeder built in 2008, funded from cash and set to close by end of June 2026. The vessel is locked into a 24–26 month charter at $26,500 per day, securing about $19 million in minimum revenue.
1. Transaction Details
Icon Energy will acquire a 5% equity interest in a 2,000 TEU geared container feeder built in 2008. The vessel will be acquired by a consortium of maritime investors, funded from cash, and is set to close by end of June 2026 under a 24–26 month charter at $26,500 per day, generating approximately $19 million in minimum revenue.
2. Opportunistic Investment Framework
This transaction is part of Icon’s opportunistic investment framework, designed to complement its core dry bulk business through passive co-investments. Icon intends to pursue selective, non-controlling stakes alongside experienced industry partners to enhance returns while preserving financial flexibility and operational focus.
3. Strategic Implications
By participating in a long-term containership charter, Icon expects to deepen its market intelligence and expand its network in adjacent maritime sectors. The framework may facilitate future co-investments that broaden strategic expansion opportunities and leverage external expertise without diluting Icon’s primary dry bulk operations.
