CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

​Qatar Shipping gets QR1.55bn loan

Published: 24 Jan 2014 - 10:52 am | Last Updated: 26 Jan 2022 - 03:42 pm


DUBAI: Qatar Shipping, a unit Qatar Navigation, has secured a 12-year, QR1.55bn ($425.65m) loan from a consortium of international banks, according to a bourse filing yesterday.  The money will be used to refinance existing debt facilities on four liquefied natural gas tankers, the statement said. The lending banks include Standard Chartered, Mizuho Bank and Bank of Tokyo Mitsubishi UFJ.
Reuters