Okeanis Eco Tankers, a US-listed owner of 14 large, modern crude carriers, is buying back a suezmax from financier Ocean Yield to refinance it with Taiwanese lender Bank SinoPac.
The move lowers the company’s financing costs while opening “new opportunities” for the future and “adding diversity and flexibility to our debt financing options”, its chief financial officer, Iraklis Sbarounis, said in a statement late on Thursday.
