Dutch owner Vroon is looking to move forward with fleet renewal and decarbonisation initiatives after a billion-dollar refinancing that saw banks take over the company.
The tanker, livestock carrier and offshore vessel owner has been controlled by the founding Vroon family since 1890, but this will end before April.
Lenders will assume majority ownership of its stock in a transaction that will see its debt pile cut from nearly €1bn ($1.1m)
