Lomar clinches $37m loan from Macquarie

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Lomar Shipping announced the agreement of a $37.5 million credit facility with Macquarie Group for up to six vessels in its diverse fleet, the company’s third transaction with Macquarie.

The previous deals included a $86 million credit facility for the refinancing of several vessels in Lomar’s tanker portfolio, following the acquisition of the Carl Büttner Group.

Earlier this year, Lomar also secured a $27.5 million credit facility with Macquarie Group to refinance two vessels that were part of a $1-billion newbuilding investment program of more than 40 vessels placed over a decade ago, the last of which was delivered in 2021.

Lomar said in an announcement that it looks forward to further developing its relationship with Macquarie Group, a global financial leader with strong maritime industry expertise.

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