News
19 June 2018

Ocean Yield raises suezmax acquisition loan

In:
Oil & gas, Transport
Region:
Americas

Shipping investor Ocean Yield has raised a $115 million seven-year term loan from ING Bank, SEB and Sparebank 1 SR Bank to finance a sale-and-leaseback acquisition of three newbuild Suezmax tankers being built by Samsung Heavy Industries on behalf of Nordic American Tankers (NAT). Upon delivery...

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