Oman Shipping signs USD355.8 m loan| MENAFN.COM

Monday, 15 August 2022 06:54 GMT

Oman Shipping signs USD355.8 m loan


(MENAFN) Oman Shipping Company said that it has signed a USD355.8 million loan with two local banks to buy Very Large Ore Carriers (VLOCs), according to Arab News. A statement on Monday said that VLOCs will be chartered to Vale International VALE5.SA. Vale produces 9 million of iron ore each year and has palletizing facilities.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.