Start-up bulker owner Himalaya Shipping has secured sale-and-leaseback financing for eight of the dual-fuel newcastlemaxes it has under construction in China.
The deal means the Oslo-listed firm has fully financed its 12 newbuildings, which will run on LNG as well as low-sulphur fuel oil (LSFO).
The new financing covers the remaining instalments to the New Times Shipyard and secures what Himalaya called “attractive financing” for seven years after the ships are delivered.
