The Baltic Sea operator will repay the EUR 10m ($13.75m) toPohjola Bank in a single instalment after four years, it revealed today in astatement.
ESL will put the cash towards the EUR 13m it paid to takefull control of a 21,000-dwt ice-class bulker previously jointly owned withDonsoshipping of Sweden.
The Credo was renamed Kallio after a district ofHelsinki and now flies the Finnish flag.
ESL
