Precious Shipping taps Japanese lease financing for four bulkers

Thai dry bulk owner Precious Shipping has arranged a Japanese operating lease with call option (JOLCO) transaction covering four of its vessels as it looks to refinance part of its fleet. The Bangkok-listed company said the deal involves the handysize vessels the 2015-built Vipha Naree and the 2016-built Viyada Naree, along with the 2012-built supramaxes …

splash247