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HomeMaritime NewsRegionsMiddle East & AfricaQatar Shipping gets $426m loan to refinance four LNG tankers

Qatar Shipping gets $426m loan to refinance four LNG tankers

Qatar Shipping gets $426m loan to refinance four LNG tankers
Qatar Shipping has secured a QAR1.55bn ($425.7m) loan from a consortium of international banks to refinance its four LNG tankers.

The unit of Qatar Navigation announced in a regulatory filing on Thursday that the loan will be over a 12-year period.

The lending banks include Standard Chartered, Tokyo-Mitsubishi UFJ, Mizuho Bank, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank, Mitsubishi UFJ Trust & Banking Corporation, Shinsei Bank, and Development Bank of Japan.

TAGS: Tankers Finance & Insurance LNG carrier
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