Navig8 to raise USD 245 million for new VLCC's

Navig8 Crude Tankers is preparing to raise funds on the stock exchange once again, aimed at financing further VLCC acquisitions. This time for USD 245 million, says the company.

BY KATRINE GRØNVALD RAUN

Just three months after carrier Navig8 Crude Tankers successfully raised USD 160 million on the Oslo Stock Exchange, the company is back for more. This time the target is set somewhat higher, at USD 245 million, says the carrier.

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