Bulk

Scorpio Bulkers bags new credit facility

Scorpio Bulkers has secured a new loan from two banks to cover half its financing for six new ships, informs the company.
Photo: Scorpio Bulkers
Photo: Scorpio Bulkers
by KATRINE GRØNVALD RAUN

Dry bulk shipping company Scorpio Bulkers has settled a new credit facility worth upwards of USD 90 million with banks DVB and Nordea. The new facility will cover close to 60 percent of the market value of six ultramax dry bulk ships, informs the company.

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