Read all the latest news about Brightoil Petroleum. ShippingWatch gives you independent, credible, critical and fair news.

Brightoil's chairman declared bankrupt

The chairman of struggling Brightoil Petroleum has stepped down after a court declared him bankrupt. The now-former chairman guaranteed for part of the company's debt.

Bunkerselskabs formand erklæret konkurs

Formanden i Brightoil Petroleum har forladt posten, efter at en domstol har erklæret ham konkurs. Den nu tidligere formand hæfter personligt for en mindre del af gælden i det kriseramte selskab i Singapore.

Brightoil's debt close to USD 2 billion

Bunker carrier Brightoil has debts totaling slightly less than USD 2 billion, including creditor claims of USD 250 million. The company has now requested a moratorium from a court to buy it more time to find a solution.

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