The cash from Korea Development Bank (KDB) will go towards a vessel ordered at Hyundai Heavy Industries in April.
The $72m ship has a capacity of 84,000-cbm.
It will be delivered by the end of September 2014 for a 10-year charter to E1.
Korea's KSS Shipping has taken out a loan of KRW 73.6bn ($63.92m) to pay for its latest VLGC newbuilding.
The cash from Korea Development Bank (KDB) will go towards a vessel ordered at Hyundai Heavy Industries in April.
The $72m ship has a capacity of 84,000-cbm.
It will be delivered by the end of September 2014 for a 10-year charter to E1.