Bulk

Norvic Shipping to expand business with new credit facility

The dry cargo operator has secured a new large credit facility that will be used to expand the company’s core business activities.
Michael Fenger is COO of Norvic Shipping. | Photo: Michael Fenger Norvic Shipping
Michael Fenger is COO of Norvic Shipping. | Photo: Michael Fenger Norvic Shipping
by DANIEL LOGAN

Norvic Shipping has landed a new credit facility of USD 42.5m with a syndicate of major US banks, the bulk carrier writes on LinkedIn, adding that London-Based RMK Maritime has been in charge of efforts to provide a new loan.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs