Latsco secures financing for four more tankers Dixon Dixon – A Latsco subsidiary’s Lady Henrietta

Latsco Shipping has increased its loan with ING Bank from US$131 million to US$218 million.

The original loan was for the construction of five MR Product tankers for Latsco. It will use the additional US$87 million to build an additional four tankers.

The additional ships will take Latsco’s fleet to 27 vessels.