Pelagic Credit adds chemical tankers to investment mix

Oslo-listed Pelagic Credit has made its first move into chemical tankers, committing $24.7m to the pre-delivery financing of two newbuildings. The deal covers two 10,000 dwt vessels, with the funding to cover yard instalments through construction. The shipyard, owner and delivery dates have not been disclosed. Pelagic Credit expects the pre-delivery loan to generate around … Read full article →