Singapore product tanker group Hafnia has added more sustainability-linked financing to its portfolio in a deal stretching to early 2029.

The BW Group-backed company said the revolving loan facility is worth $303m through a syndicate of eight banks — BNP Paribas, Citibank, Danske Bank, Nordea, DBS Bank, IYO Bank, OCBC and Standard Chartered.

The deal is secured by nine chemical tankers acquired as part of the deal to take over the 32-ship fleet of Oaktree’s Chemical Tankers Inc.