restructuring
-
Maritime News
Seanergy Maritime wraps up $179 m financial restructuring
Athens-based pure-play Capesize vessel owner Seanergy Maritime Holdings Corp. has reached final agreements with […] The post Seanergy Maritime wraps…
Read More » -
Port News
Antong Holdings emerges from restructuring
Chinese domestic container shipping operator Antong Holdings has successfully completed a financial restructuring with its new owner. The company entered…
Read More » -
Port News
China Merchants and AVIC Trust join Antong restructuring
Financially troubled Chinese domestic container shipping major Antong Holdings has announced that Fujian Zhaohang Logistics Management has submit an application…
Read More » -
Port News
Maersk restructuring to affect one third of its staff
A huge restructuring at Maersk will affect one third of of the Danish conglomerate’s staff as it moves to integrate…
Read More » -
Port News
Noble Corporation files for Chapter 11 as part of restructuring
Offshore driller Noble Corporation has sealed a restructuring support agreement with two groups of its largest holders of outstanding bond…
Read More » -
Port News
China Merchants and AVIC Trust to support Antong Holdings restructuring
Financially troubled domestic container shipping operator Antong Holdings is expected to receive financially support from both China Merchants Port Holdings…
Read More » -
Port News
MAN Energy Solutions to cut nearly 4,000 jobs as part of restructuring
German propulsion and machinery giant MAN Energy Solutions has announced a comprehensive program to secure the future viability of the…
Read More » -
Maritime News
Ocean Tankers’ Supervisor to Start Restructuring Talks with Owners
EY, the court-appointed supervisor for Ocean Tankers Pte Ltd (OTPL), has proposed two restructuring options to the shipping company’s owners…
Read More » -
Tanker News
Court approves Agritrade Resources debt restructuring
Hong Kong-listed Agritrade Resources has announced that the Supreme Court of Bermuda has permitted the board to work with joint…
Read More » -
Marine World
Hornbeck Offshore Services to File for Chapter 11 Bankruptcy in Pre-Packaged Restructuring Agreement
The announcement comes as the COVID-19 pandemic has taken its toll on global oil demand, combined with the Saudi-Russia oil…
Read More »