Overview

Positions, earnings and watch items across both funds
As of Fri 24 Jul 2026 · 09:12 BST Demo · fictional data
Net asset value, both funds
Fleet
Fleet earnings, July avg
Covenant tests
Undrawn commitments
Fund II · callable on 10 days notice

Fleet earnings against cash breakeven

$ per day, fleet average · 2026

On the desk this week

Covenants

    Activity

    everything Marsa logged, newest first

      Pipeline snapshot

      Open board
      VesselBuiltEmployment Rate $/dayBreakeven CIIFacilityLoan-to-value

      Insurance and P&I

      VesselHull renewalStatus

      Valuations feed

      quarterly, two brokers
      Arrived this week
      by email, read on arrival
      Read without help
      every fact extracted, ready to file
      Held for a person
      judgment calls Marsa never makes silently
      Median time to file
      40 seconds
      from arrival to filed, structured record
      DocumentFromMarsa’s read
      Facilities
      Tests monitored
      value, cover and liquidity, per facility
      Status
      Next test date
      Seafarers aboard
      across both technical managers
      Certificates tracked
      CoCs, STCW, medicals, endorsements
      Expiring inside 90 days
      every one already has a plan or a flag
      Need action

      Vessel readiness

      Certificate exceptions

      the rows a person needs to see, out of every certificate tracked
      SeafarerVesselCertificateExpiresDays leftStatus
      Committed
      Called
      Distributed
      Fund NAV
      Fund I, for reference

      Investors

      Fund II capital accounts
      InvestorCommitmentCalledDistributedNAV

      Cash flows and waterfall

      Reporting

      What an investor sees

      portal preview
      Reports library
      quarterly reports across both funds
      Latest
      Next report
      14 Oct
      On schedule · Q3 2026
      Assembled by Marsa
      Minutes, not days
      drawn live from fleet, loans and capital accounts

      Report library

      click to open the investor-ready document

        How the quarterly gets made

        Marsa already holds the numbers: every valuation, charter, covenant test and capital movement. The quarterly report is assembled from that live record, formatted, and pushed to each investor's portal. What took an analyst three days is a review-and-send.

        • Fleet performance pulled from live positions
        • Covenant status drawn from the monitor
        • Capital accounts reconciled per investor
        • Partner reviews and adds commentary
        • Publish to all portals in one click