EuropeFinance and InsuranceTankers
Arne Fredly extends $15m credit line to Hunter Group

Arne Fredly’s Oslo-listed pure-play VLCC company Hunter Group, via subsidiary Hunter Tankers, has entered into a $15m revolving credit facility with Apollo Asset, a company owned by Fredly.
The facility has been used to help the company cancel the outstanding amount of $3m on an existing revolving credit facility.
Hunter says the facility will be used for its working capital requirements as well as general corporate purposes.