Hunter Tankers, a subsidiary of Norwegian investment company Hunter Group, has signed a short-term USD 3 million revolving credit facility agreement.
The loan, signed with the company’s largest shareholder, Apollo Asset, a company owned by board member Arne Fredly, does not include any financial covenants and may be used to partially finance the group’s current newbuilding program and for general corporate purposes.
A pioneer pool of first class Ship Owners established to offer high quality in-house management services.
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