Tidewater enters Chapter 11 bankruptcy 

OSV owner and operator Tidewater Inc. and its 26 subsidiaries have voluntarily filed for Chapter 11…

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…