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Songa Bulk raises millions to buy vessels

Songa Bulk, controlled by Arne Blystad and Herman Billung, has issued a bond loan for USD 75 million. The capital will be used to further grow the firm's fleet of dry bulk vessels.

Herman Billung, CEO, Songa Bulk. | Photo: PR/Golden Ocean

by DANIEL LOGAN

Norwegian dry bulk carrier Songa Bulk has raised USD 75 million by issuing a Norwegian bond loan.

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