Tanker

I.M. Skaugen buys time for refinancing

Gas carrier I.M. Skaugen has been granted en extension on the repayment of its debt until April 2018. As such, the company has bought time to land new financing which will enable the carrier to pay back existing loans with money from operations.
by NIKLAS KRIGSLUND

Norwegian gas carrier I.M. Skaugen has taken a blow from the weak market for transporting liquefied natural gas.

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