Direct Ship Finance provides a bilateral debt facility to Union Maritime Ltd.

Proceeds of the facility were used to refinance three existing loans and is backed by a fleet of three chemical tankers and three MR product tankers. 

“Our relationship with Union Maritime goes back for many years through various financing facilities in the past. We are very pleased to welcome Union Maritime as our client and to be able to provide them with this financing solution.”, said Wijnand Botman, Managing Director and one of the founders of Direct Ship Finance. 

Union Maritime is a UK based shipowner and operator with a diversified fleet of over 60 vessels covering crude oil, gas, clean products and dry bulk cargoes.

Direct Ship Finance is a lending platform with committed capital from institutional investors with a long-term horizon. Providing senior secured loans with the ability to offer flexible structures is our sole focus. Contact us directly or visit us at www.directshipfinance.com.