Vroon reaches in principle restructuring agreement with its lender group

Vroon reaches in principle restructuring agreement with its lender group

Vroon has reached an in-principle agreement with all its lenders regarding the terms of its financial restructuring. The agreement, which is only subject to final documentation and credit committee confirmation, is an …
Apr 16, 2018 /  Finance
Sea Trucks Group sells four accommodation and construction DP3 vessels as part of restructuring

Sea Trucks Group sells four accommodation and construction DP3 vessels as part of restructuring

Sea Trucks Group Limited (in Liquidation) announces that the Sea Trucks Group’s accommodation and construction DP3 vessels (Jascon 25, Jascon 28, Jascon 31 and Jascon 34 (the “DP3 Vessels”)) have been …
Feb 14, 2018 /  Vessels
ZIM announces organizational restructuring

ZIM announces organizational restructuring

ZIM Integrated Shipping Services Ltd. (ZIM) presented an extensive program to change its organizational structure. The change is based on the company’s business plan to focus on profitable trade areas in which ZIM …
Feb 2, 2016 /  Curious
DSME Debunks Job Cut Plan Rumors

DSME Debunks Job Cut Plan Rumors

On Tuesday, Daewoo Shipbuilding & Marine Engineering (DSME) commented that its restructuring plan is going to emphasize on selling some noncore assets rather than on reduction of the company’s workforce. The …
Jul 22, 2015 /  Finance