LFG famous that demand and constitution charges for supramax bulk carriers stay wholesome, supported by regional commerce flows.
The acquisition can be funded via a mix of inside funds and financial institution borrowings. The corporate mentioned it’s in discussions with lenders to finance as much as 70 per cent of the consideration to optimise its capital construction and protect monetary flexibility.
It added that the acquisitions are anticipated to contribute positively to the group’s earnings for the monetary 12 months ending December 31, 2025, and past.
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