The reefer owner said the credit facility with the Dutch lender and associated company Siem Industries has been replaced with a $100m loan over six years.
Its new lenders are ABN AMRO and Credit Suisse.
Some of the cash has been drawn to repay ABN AMRO $12.1m and Siem Industries $44m.
SSI said the rest would be available for general working capital purposes and for the “possible acquisition of vessels within the Siem Shipping Group.”
The
