James Fisher & Sons, the Barrow-in-Furness-based marine services company, has secured a four-year, £20million refinancing deal with Yorkshire Bank.
Listed on the London Stock Exchange, James Fisher began as a regional shipping business in 1847 and now operates globally serving a range of sectors such as oil and gas, renewables and nuclear decommissioning.
The firm reported profits of £27.1million on sales of £268million in the year to December 2010.