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DHT Holdings Clinches USD 485 Mn Refinancing Deal(marine crane;offshore crane)

dht-1024x674.jpgThe new credit facility, with a six-year tenor, will bear interest at a rate equal to Libor + 2.40 pct and will have a 20-year repayment profile.

The credit facility was provided by ABN Amro, Nordea, Credit Agricole, DNB, ING, Danish Ship Finance, SEB, DVB and Swedbank.

The vessels concerned are Sundarbans, Taiga, Redwood, Hawk, China, Falcon, Condor, Leopard, Lion, Panther, Puma, Mustang and Bronco.

In addition, DHT has entered into an agreement with ABN Amro to increase the company’s revolving credit facility to USD 57 million from the current USD 43.4 million. The revolving credit is currently undrawn.

Commenting on the refinancing deal, the co-CEOs Svein Moxnes Harfjeld and Trygve P. Munthe said that the facility has supported the company’s focus on robust cash break even levels for the fleet.

The facility extends the maturity for the refinanced facilities to the second quarter of 2024 and increases DHT Holdings’ liquidity position.(marine crane;offshore crane)




harbour-mobile-crane-port-crane-unloading42550769950 (1).jpgOUCO Mobile harbour crane is outstanding feature of cargo handling:

·       designed to handle all forms of cargo (containers, bulk, general and project cargoes)

·       with radii of up to 56 metres and lifting capacities of up to 200 tonnes to ensure maximum versatility 

·       conceived for use in both universal and special-purpose terminals.

Ready for Use at any Accessible Point in the Terminal.

Advantages:

·       easy manoeuvrability through bottlenecks

·       easily surmounts obstacles, rails and uneven terrain

·       crab steering and remarkably tight turning circle to enable accurate positioning on the quayside 

·       safe and reliable travel to the next quay even in storm-force winds.

·       being able to travel within the site quickly and easily to its new location guarantees optimum mobility, reduces the number of cranes required at the terminal and saves investment costs in rails and other quayside infrastructures. 

(marine crane;offshore crane)