Oslo over the counter listed Navig8 Product Tankers says DVB Bank, BNP Paribas, Swedbank, Credit Agricole Corporate and Investment Bank, and NIBC Bank are all involved in the loan.
The facility will cover 65% of the contract price of the company’s first eight LR2 products tankers.
Set for delivery in 2015, the vessels are on order at Sungdong Shipbuilding & Marine Engineering in South Korea and Guangzhou Shipyard International of China.
