STX Mumbai The High Court of Singapore has upheld a first instance decision striking out the action by Transocean Oil Pte Ltd against the Pan Ocean's boxship STX Mumbai and also set aside the arrest of the vessel, Clyde & Co, Pan Ocean's legal ... World Maritime News, 1 week ago
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STX Group confirmed on Thursday that it has signed a deal to sell STX Finland to a consortium formed by the Finnish government and German shipbuilder Meyer Werft. The group expects the deal to spur its restructuring efforts to normalize its ...Hellenic Shipping News Worldwide, 2 weeks ago
Anyone who's taken a look at the global shipping industry recently probably knows that there's a boatload of distress in the waters. In fact, weve recently witnessed a number of shipping firm restructurings including Excel Maritime Carriers, ...Hellenic Shipping News Worldwide, 3 weeks ago
The following is a guest post by George Schultze, founder of Schultze Asset Management LLC, an alternative investments firm founded in 1998 that manages approximately $225 million in assets and specializes in event-driven and distressed securities ...Shipping Online, 1 month ago
Restructuring & Insolvency Global Restructuring & Insolvency Newsletter June 2014 In this issue: Challenges faced by foreign creditors of Suntech With an eye on the insolvency and restructuring proceedings of Suntech Power Holdings' principal ...Lexology, 2 months ago
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