Investment company switches management of two box ships

Lake House switched management of two ships to benefit from high degree of digitalization at PT Shipmanagement

Lake House, a Hong Kong and London based investment company, has appointed PT-Shipmanagement GmbH (PTS), to manage two containerships. Each has a capacity of 1,300 TEU and sails with an average crew of 15.

Led by Patrick Toll, PT-Shipmanagement specializes in optimizing technical ship operating costs and simplifying and digitizing administrative processes. Founded in 2015, the company describes itself as “the world’s first consistently digitized shipping company.”

Lakehouse says the reason for switching management the two ships to PTS was the high level of digitalization and improved transparency on actual costs. Lake House expects the ships to operate at significantly lower costs and improved yields.