restructuring
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Maritime News
Bourbon Emerges From Long Restructuring With New Private-Equity Owners
French offshore services company Bourbon has completed its financial restructuring program with the support of two new majority shareholders. The…
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Maritime News
Japan’s Ruling Party Has a $7B Restructuring Plan for Shipbuilding
As the U.S. considers policy proposals to revitalize a lagging shipbuilding industry, it is looking to Japan and South…
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Marine World
Hornblower Group Emerges from Financial Restructuring with New Ownership
Hornblower Group, a prominent provider of water and land-based experiences, has successfully completed its financial restructuring process after filing for…
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Port News
Christen Sveaas slams Solstad restructuring deal
Norwegian investor Christen Sveaas had come down hard on fellow tycoon Kjell Inge Røkke over the recent refinancing deal of…
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Port News
Axxis Geo Solutions seals restructuring consent
Financially troubled ocean bottom node seismic player Axxis Geo Solutions has received creditors’ approval for its restructuring plan after it…
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Port News
PIL restructuring completed
The restructuring of Pacific International Lines (PIL), the world’s 12th largest liner company, has been completed with a unit of…
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Port News
HNA Group commences restructuring
HNA Group, one of the largest conglomerates in China, has commenced a massive bankruptcy restructuring process involving 321 subsidiaries under…
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Port News
Axxis Geo Solutions rolls out debt restructuring plan
Norwegian offshore survey firm Axxis Geo Solutions has announced a draft plan for its proposed debt restructuring after it filed…
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Port News
Creditors back PIL restructuring in crucial vote
Creditors to struggling Singapore container line Pacific International Lines (PIL) today overwhelmingly approved a restructuring deal that involves a capital…
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Port News
Siem Offshore set to reach restructuring deal with European creditors
Norwegian OSV operator Siem Offshore has announced that it is in the final stages of negotiations with its European banks and…
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