Cash may be hard to come by in today’s market but Norwegian Car Carriers has secured the funds it needs to seal the acquisition of two pure car-truck carriers (PCTCs).

Oslo-listed NOCC says the $73.9m transaction with International Shipholding Corporation of the US will be financed through a combination of debt and equity.

The 6,460-car Asian King (built 1998) will be covered by a new eight-year, $30m loan backed by DNB and SEB Enskilda while the 6,402-car Asian