Less than three years after its previous moratorium, offshore drilling company Seadrill, owned by Norwegian shipping tycoon John Frederiksen, has again sought protection from its creditors. A Texas court has granted most of the group...Read more
Oil & GasNew York-listed Pacific Drilling is the latest rig operator to file for a voluntary Chapter 11 bankruptcy in the US to get out of a major debt. Several other rig operators have made a similar move...Read more
BankruptcyFollowing hot on the heels of the closure of two offices in Denmark, Zeamarine’s office in Antwerp has also been declared bankrupt. Six people have reportedly been sent home.
The Business Court in Antwerp declared the...Read more
Zeamarine is closing its operations in Denmark. The Danish subsidiary has filed for bankruptcy resulting in the closure of two offices and 23 employees being sent home, confirms local liquidator Hafnia Law.
The German breakbulk carrier...Read more
Fleet expansionThe Amsterdam-based shipping line Spliethoff has purchased five ships from the bankrupt company Hansa Heavy Lift.
The five ships in question are the HHL New York, HHL Amur, HHL Elbe, HHL Mississippi and HHL Tyne, which...Read more