Thailand's Precious Shipping has fixed a new $38.35m loan to refinance supramaxes and handysize bulkers.
The shipowner said the five-year deal had been done with Credit Agricole Corporate and Investment Bank.
The loan is secured by the 39,000-dwt Vipha Naree (built 2015) and Viyada Naree (built 2016), the 57,000-dwt Daranee Naree and 56,000-dwt Baranee Naree (both built 2012), and the 34,000-dwt Benjamas Naree (built 2012) and Ananya Naree (built 2011).
