Atlantska Plovidba Takes Out Loan From Chailease Services

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  • Croatia’s Atlantska Plovidba takes out a loan from Chailease International Financial Services
  • costs on interest rates on the vessel have been significantly reduced, Atlanta said in a filing to the Zagreb bourse
  • the Dubrovnik-based shipping company bought the 75,213 DWT vessel, named then Pelagos, in 2018 for $11.95 million and changed its name to AP Libertas
  • the ship was build in 2008 by Chinese shipyard Hudong Zhonghua and used to be under technical and commercial management by Atlantska Plovidba

Croatian shipping company Atlantska Plovidba said it has signed a deal to take out a five-year loan from Singaporean finance leasing company Chailease International Financial Services to refinance the purchase of the AP Libertas ship says an article on See news.

Interest rates reduced

Thanks to the deal, costs on interest rates on the vessel have been significantly reduced, Atlanta said in a filing to the Zagreb bourse late on Wednesday without elaborating on the value of the loan.

AP Libertas

According to earlier media reports, the Dubrovnik-based shipping company bought the 75,213 DWT vessel, named then Pelagos, in 2018 for $11.95 million (10.2 million euro) and changed its name to AP Libertas.

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Source: Seenews

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