Klapton announces transaction with Sevenseas Investment Fund

Announcements, Shay Reches

SevenSeas Investment Fund, an umbrella fund incorporated in Luxembourg, has launched its first investment Sub-Fund, 7SEAS ONE, to raise $100m for investment in the dry bulk vessels sector. SevenSeas Investment Fund (www.7seasfund.com) is regulated by the CSSF (Luxembourg Financial Supervisory Authority) and supervised by Fuchs Asset Management S.A, who act as the Alternative Investment Fund […]

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Klapton mining assistance program – strong flows in 2017

Publications, Shay Reches

Gold mines in 6 countries have benefitted from Klapton Insurance assistance Over the course of 2017 Klapton has generated significantly increased activity in its mining assistance guarantee program, primarily in Africa sub-saharan countries. 15 gold mines in 6 countries have benefitted from Klapton’s assistance in arranged heavy yellow equipment purchase and offtake pre-funding agreements with […]

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Ghana: Hopeful month, Shaky season

Publications, Shay Reches

Resolution of border dispute with Ivory Coast is a boost for Ghana. Image courtesy of TULLOW OIL PLC The good news is that Tullow Oil will resume drilling in Ghana after the resolution of the border dispute with Ivory Coast that has halted expansion of an important new field for two years. An international tribunal […]

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2016 financial statements published

Announcements, Shay Reches

Klapton Insurance Company Limited concluded the regulatory audit of its 2016 financial statements by the OFA (Anjouan Offshore Finance Authority) after the final approval by Klapton’s board of directors. Rob Bygrave, the CFO of Klapton, commented that the 2016 results for Klapton show another profitable underwriting result for the year. Klapton continues to maintain a […]

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