Lauritzen inks Japan loan
Five handysize bulk carriers also being built at Japanese yards are also included in the deal announced on Thursday.
The diversified shipowner penned the JPY 15.5bn ($168.5m) loan with Societe General and Bank of Tokyo-Mitsubishi UFJ.
The loan, for which Lauritzen did not specify a term, is being backed by Japanese export credit agency Nippon Export & Investment Insurance (NEXI).
A statement from Lauritzen claimed this is the first such loan from Japan to an OECD-located company.
Clarksons lists Laurizen Bulkers as expecting just one capsize from a Japanese, a 180,000-dwt unit from Koyo Dock KK in 2011.
The Dane said the loan will also finance five handysizes being built in Japan. The Clarksons database lists the owner as expecting nine such units from Japanese yards: five at Hakodate Dock and four at Naikai Shipbuilding, all between 2011 and 2013.