ShippingWatch

Nordic Shipholding extends loan agreement and plans to sell two vessels

Shipping company Nordic Shipholding extends its loan agreement by a year. As part of that plan, two ships need to be sold. Additionally, the company's full-year expectations are downgraded following an impairment.

Photo: PR / Nordic Shipholding

After protracted negotiations, Nordic Shipholding now settles a loan agreement that was expected in advance.

The agreement means that the company's credit facilities are extended until end-2021. The new agreement was settled between the group's majority shareholder, management and lenders.

Read the whole article

Get 14 days free access.
No credit card required.

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

Trial banner

Latest news

See all jobs