About Us
Executive Summary
Overview
Buss Global is a global container investment and management group. We are one of the largest independent owners and managers of marine containers. Since inception, we have originated and managed assets in excess of USD 3.7 bn. We work closely with our sister group, Buss Capital Invest GmbH in Hamburg and are a market-leader in closed-end container funds operating out of Germany and Singapore.
Buss Global has close working relationships with the world’s leading container lessors such as Textainer, Seacube, Seaco, TAL International, Florens and CAI.
The Buss Global entities are the first to be awarded the status of Approved Container Investment Enterprise (ACIE) under Singapore’s Maritime Finance Incentive scheme (MFI), which was created by the Maritime & Port Authority of Singapore to provide a business framework for container lessors to promote the growth of Singapore as an international maritime centre.
FUNDING & DIVESTMENTS
Since 2008, Buss Global has successfully issued and closed multiple closed-end funds which includes 2 Single A rated ABS structures executed
in 2013 and 2015 respectively. We have also divested USD 1.35 bn of assets to an array of financial and industry buyers. Funds initiated by
our sister group – Buss Capital include 27 mutual funds, 6 private placements and 40 direct investments.
INVESTMENTS
- Total container investment: > USD 4.2 bn, >2.1 mn CEU
- Equity raised for containers: ~ USD 1.6 bn
- Container fleet currently owned or managed: ~ 400,000 CEU ~ USD 540 mn
- Successful container fleet sales: ~ 1,400,000 CEU
AWARDS
Since inception in 2003, Buss Capital / Buss Global have won numerous awards including:
- Marine Money Deal of the Year: Buss Capital 279.25 Million Container Asset Backed Secured Notes
- Procontra Rankings: Ranked 1st and 6th in returns amongst all German funds across assets classes in 2015 and 2013 respectively
- FondsMedia Asset Research: Buss Capital was ranked highest amongst all German container investment funds on all 3 metrics: transparency, past performance and current performance
- FERI EuroRating Awards: Best Communications Award for two consecutive years
- Scope Management Rating: A+ Rating in 2010 & 2012 for Management Rating scored on Fund Structure, Competence and Performance
- Awarded ACIM: The Maritime and Port Authority of Singapore awarded Buss Global the status of “Approved Container Investment Manager” in 2009. Buss Global is the first investment manager to receive such accreditation in Singapore.
OUR SERVICES
DIVERSIFICATION
Buss Global Management Pte. Ltd. (“BGM”) is the servicer of the various Buss Funds managing operational and financial results of its fleet.
Container portfolio provides cross sectional diversification across the container shipping industry.
FUND MANAGEMENT – INVESTMENT AND OPERATIONAL
Buss Capital / Buss Global have teams in Hamburg and Singapore focusing on different parts of the investment process.
- Hamburg-based Buss Capital focuses on sourcing of equity and investor relations
- Singapore-based BGM focuses on debt sourcing, container sourcing and manager relations
BGM AS ADMINISTRATOR
BGM acts as Administrator with responsibility for manager oversight and surveillance, reporting and compliance.
In its role as the Administrator, BGM is responsible for the following functions:
One-off
- Selection of managers including Replacement Managers
- Negotiation of management fee
- BGM negotiates its management agreements with the aim to align interest
- Emphasis is put on the master lease management fee and disposal fee to incentivize managers to focus on their master lease and disposal capabilities
- Management fees are also applied on the net operating income to incentivize managers to control their operating costs
Ongoing
- Receiving reports from managers and aggregating them for Issuer Servicer Reports
- Monitoring and surveillance of managers’ performance
- Monitoring of managers’ financial health and administration of management agreement
- Review of depreciation policy
- Allocation of expenses among various owners
- Consulting with tax advisors for preparation of tax returns in applicable jurisdictions
- Review of Exit Strategy — Industry / Financial Buyer, US Capital Markets, Buss KG Market Solutions
FINANCIAL STATEMENTS
AUDITED FINANCIAL STATEMENTS FOR FY2022
BUSS GROUP IN HAMBURG
THE BUSS GROUP OF COMPANIES AT A GLANCE
From stevedores to a maritime logistics group — 100 years of innovation.
For many decades, Buss was chiefly a port company among several others at the front of four container terminals in the Port of Hamburg. Today the group of companies has over 500 staff and has operations in various fields of business.
Port logistics — Buss Port Services
- Buss Port Services focuses on loading bulk, hazardous and heavy cargo
- Plant logistics in Hamburg and Duisburg
- Terminals in Stade, Sassnitz and Eemshaven
Wind Energy — Buss Energy Group
- Buss Energy Group is one of the leading businesses in onshore and offshore wind energy
- Installation, service, maintenance and repair of wind turbines
- Rotor blade service, drone inspections
- Already over 2,000 wind turbines erected and serviced on land and at sea
LNG Import Terminal — Hanseatic Energy Hub
- This zero-emissions terminal is planned to be constructed by 2025 in the Dow Chemical industrial estate in Stade
- Directly adjacent to German high-pressure pipeline
- Various synergies with Dow and the industrial estate
- Hub for the energies of the future: hydrogen and bio-LNG
Logistics Real Estate — Ixocon
- Ixocon develops logistics centres across the country and sells them to investors when successfully completed
- Over 50 projects developed since 1995, with more than 800,000 m2 warehouse space
- More than €600 m invested
- 615,000 m2 space under management
- An Amazon logistics hub with an area of 150,000 m2 and a total investment amounting to a three-digit million euro sum was the largest project developed by Ixocon in 2019, and also one of the largest in Europe for Amazon
Shipping — Leonhardt & Blumberg
- Successful joint venture with Leonhardt & Blumberg, a tradition-rich Hamburg shipping company, since 2017
- Management of over 40 container ships
- Freighting of roughly 210 container ships and bulk carriers
Investment — Buss Capital Invest
- Buss Capital Invest designs and sells container investments
- Approx. 31,000 investors
- Approx. €1.1 bn equity attracted
- Approx. €2.5 bn invested
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