Regina Bulkship Sa News

Bulk Carrier Delivered to Uni-Asia Holdings

Uni-Asia Holdings Limited announced an update on the progress of the vessel acquisition project of Regina Bulkship S.A., a 51% owned subsidiary under Uni-Asia Shipping Limited, a wholly owned subsidiary of the company. Regina Bulkship S.A. has acquired a 37,000 dwt newbuilding handysize bulk carrier pursuant to an agreement with Imabari Shipbuilding Co., Ltd. on March 3, 2014. The vessel was successfully delivered on February 9, 2015 by Imabari Shipbuilding Co., Ltd. and was immediately time chartered out to Pacific Basin. Regina entered into a loan agreement with Mega International Commercial Bank Co., Ltd., Offshore Branch for a term loan facility to be used solely for the purpose of the acquisition of the vessel…