Tor Olav Troim’s eco bulker start-up Himalaya Shipping has received credit approval for sale-and-leaseback financing covering its final eight new eco bulkers.
And the Euronext Growth-listed company said it has this month completed lease finance for the first four LNG-powered newcastlemaxes on order at New Times Shipbuilding in China for delivery from 2023.
The dual-fuel ships will be chartered back on seven-year bareboat contracts that include purchase options.