Gram Car Carriers buys back panamax as it fixes new finance

Norway’s Gram Car Carriers (GCC) has secured a $35m loan to buy back the 6,700 ceu panamax vessel Viking Bravery currently under sale and leaseback deal with CSSC Shipping. The Oslo and OTC-listed tonnage provider has taken out the loan priced at SOFR +1.65% from DekaBank Deutsche Girozentrale with a maturity that matches the duration …

splash247