EuropeFinance and InsuranceTankers
Top Ships secures financing for product tanker
Greek tanker operator Top Ships has entered into a senior secured facility with a major northern European bank for the financing of the M/T Nord Valiant, a 50,000 dwt MR product tanker.
The vessel is the last vessel under construction in the company’s fleet, currently scheduled for delivery in mid-August 2016.
“The six vessel newbuilding program that started in 2014 is now fully funded and nearing its completion. Our business strategy continues to be focused on further expanding our fleet, with solid ships and solid counterparties,” said Evangelos Pistiolis, president and ceo of Top Ships.