Navig8 Chemical Tankers has fixed up a $55m loan to finance newbuildings.
The cash from Credit Suisse will fund the first two 25,000-dwt stainless steel vessels under construction at Kitanihon in Japan.
Navig8 said the loan facility covers approximately 65% of the contract price of the vessels.
The owner has six ships on order at the Japanese yard, for delivery in 2016 and 2017.
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