New York-listed Scorpio has secured the latest $39.6m from ABN AMRO, it told Investors.
The 10-year facility will cover around 60% of two kamsarmaxes due out of Tsuneishi Zhoushan Shipyard in the third quarter of 2015 and the first quarter of 2016.
Analysts say the loan leaves Scorpio with 12 vessels unfunded in its 78 strong orderbook.
Management has repeatedly expressed confidence in its ability to line up funding for its newbuildings during 2014.
