OSV owner and operator Tidewater Inc. and its 26 subsidiaries have voluntarily filed for Chapter 11…
Tag: Bankruptcy
Korea losing port calls after Hanjin Shipping’s bankruptcy
Global shipping companies have reduced their calls at South Korean ports despite adding more worldwide services,…
Ocean Rig files for bankruptcy restructuring
George Economou’s Ocean Rig and its subsidiaries have filed for bankruptcy restructuring with the appointment of…
Ezra files for bankruptcy
Embattled Ezra Holdings has filed for Chapter 11 bankruptcy in the US on Saturday, together with…
The Alliance draws up plan to protect group from member bankruptcy
The Alliance is to set up an independently managed trust fund to safeguard cargo operations should…
The Alliance draws up plan to protect group from member bankruptcy
The Alliance is to set up an independently managed trust fund to safeguard cargo operations should…
Shipping can and must prevent another bankruptcy – FMC chief
The entire shipping industry – carriers and their customers and suppliers – need to come together…
Shipping can and must prevent another bankruptcy – FMC chief
The entire shipping industry – carriers and their customers and suppliers – need to come together…
Beleaguered Seadrill at risk of Chapter 11 bankruptcy
Rig firm Seadrill, battling with $14 billion in debt and liabilities, said on Tuesday it may…
Shipping alliance prepares contingency plans for another bankruptcy
In the wake of the Hanjin bankruptcy, THE Alliance has devised a “catastrophic instrument” funding mechanism,…
Havila Shipping avoids bankruptcy with last minute deal
Norway-based offshore services company Havila Shipping says it has reached a last minute deal with all…
Seaspan chief sees Hanjin bankruptcy as shipping’s Lehman Brothers
The Co-founder/CEO of Seaspan Corporation, Gerry Wang has described the bankruptcy of Hanjin Shipping as the…