ship leasing

Rickmers Maritime banks on a heavy acquistion focus to draw investors to its $275 million offering, in the second shipping trust to hit Singapore this month.

The ship financing company's 8.69% yield helps attract investors to the $333 million offering as equity markets remain volatile.

A high yield of up to 9.25% is expected to be secondary to the capital growth potential in terms of attracting investors to Singapore's fourth business trust.