Seadrill files for bankruptcy

  Seadrill Ltd and most of its subsidiaries have filed for Chapter 11 proceedings in the…

Virgin Atlantic files for bankruptcy

  Virgin Atlantic Airway has filed for bankruptcy, as the aviation industry continues to be ravaged…

PIL refutes bankruptcy rumour 

  Singapore’s container shipping company Pacific International Lines (PIL) has issued a statement to refute the bankruptcy…

Firm that built Titanic ship files for bankruptcy

Harland and Wolff, the Belfast shipyard that built the Titanic, was put into administration on Monday…

Sanusi: Nigeria on brink of bankruptcy

The Emir of Kano, Muhammadu Sanusi II has described the economic policies of President Muhammadu Buhari…

BIMCO warns container lines of bankruptcy over IMO 2020 costs 

Against a backdrop of a gloomy outlook for container trades, an analyst with BIMCO, Peter Sand,…

Top bunker supplier Aegean Marine files for bankruptcy

Bunker supplier Aegean Marine Petroleum Network announced Tuesday that it had filed for Chapter 11 bankruptcy…

Former NICON workers file bankruptcy suit on Jimoh Ibrahim

Former NICON workers have issued a Bankruptcy Notice on Chief Barr. Jimoh Ibrahim upon a petition…

Bankruptcy: OW Bunker investors sue Morgan Stanley and Carnegie

By Jite Eriabie  A consortium of 24 Danish institutional investors is launching legal action against the issuing…

Seadrill files for bankruptcy restructuring

By Jite Eriabie  As expected John Fredriksen’s rig owning company Seadrill has filed for a Chapter…

Seadrill decides on Chapter 11 bankruptcy Sept 12 

Offshore driller Seadrill plans to launch a long-awaited Chapter 11 debt restructuring by Sept. 12, aims to…

Seadrill again on the verge of bankruptcy, extends $14bn debt talks

Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and liabilities on Wednesday…

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