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Port News
Damen Mangalia insolvency proceedings get underway
Insolvency proceedings are underway in Romania involving one of Europe’s largest shipbuilding facilities. A tribunal in Constanta has given an…
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Marine World
Bourbon Emerges from Reorganization Proceedings
French offshore services provider Bourbon Maritime has emerged from reorganization after eliminating 1.5 billion euros in debt. Bourbon’s recovery plan…
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Maritime News
FSG’s insolvency proceedings set to start in August as sale talks with Pella Siestas continue
The Flensburg District Court will open insolvency proceedings concerning Flensburger Schiffbau-Gesellschaft mbH (FSG) on August 1st, the company said in…
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Tanker News
Insolvency proceedings initiated against Mercator
Mercator reported another quarter mired in red ink yesterday with more and more creditors calling debts in. Once India’s third…
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