Sovcomflot Incorporates Poseidon Principles for LNG vessels

Capt. John

Sovcomflot and NYK Line have signed a new USD 176 million non-recourse credit facility for eight years with three leading international banks, reports Steel Guru.

The three banks
  1. Sumitomo Mitsui Banking Corporation of Japan;
  2. Societe Generale of France, and 
  3. Shinsei Bank of Japan. 
What will the facility be used for?

The facility will be used towards refinancing two ice-class LNG carriers servicing 

  1. the Sakhalin-2 project, Grand Aniva and 
  2. her sister ship Grand Elena.

These are jointly owned and...

http://mfame.guru/sovcomflot-incorporates-poseidon-principles-for-lng-vessels/

Leave a Comment