ShippingWatch

Ultrabulk lands attractive Japanese financing

Ultrabulk has secured USD 37.3 million for two ships from Japanese export institutions. Attractive financing that the carrier might draw on again, CEO Per Lange tells ShippingWatch.

Ultrabulk has landed financing for two 36,780 dwt dry bulk newbuildings from Japanese Oshima Shipbuilding Co., and perhaps not for the last time, Ultrabulk CEO Per Lange tells ShippingWatch.

The financing concerns USD 37.3 million made available by Japanese Bank for International Cooperation (JBIC) along with the Tokyo Branch of BNP Paribas Bank. Nippon Export and Investment Insurance has provided insurance for part of the loan, according to JBIC.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs