Banks, Bondholders to Take 75 Pct Stake in Rickmers Group

Hamburg-based containership owner Rickmers Group, a subsidiary of Rickmers Holding AG, has reached an agreement ...

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TORM to Finalize Its Restructuring by Mid-July

Danish shipping company TORM said on Thursday it expects to wrap up its restructuring by mid-July. The announcement ...

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Genco Seeks Relief in Chapter 11 amid USD 1.2 Bln Debt

Genco Shipping & Trading Limited, an operator of dry-bulk cargo ships, together with certain of its ...

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