Restructuring boxship owner Rickmers Maritime (RMT) has made a voluntary $5m pre-payment towards loans.
The Singapore company said lenders involved are BNP Paribas, ING Bank, Bank of Nova Scotia Asia, HSBC and Sumitomo Mitsui Trust Bank.
"The rationale for such voluntary pre-payments is to deleverage the trust and save interest costs by utilising cash not available to the trust for other purposes," it added.
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