ShippingWatch

A solution to Dof's rescue plan drags out

Offshore shipping company Dof exits the fourth quarter with another million-dollar deficit despite an increase in revenue. The shipping company has yet to agree with its creditors on a rescue plan.

Photo: PR/Dof

Crisis-stricken shipping company Dof booked yet another deficit for the fourth quarter and 2019 as a whole.

The shipping company continues to work on securing a rescue plan with its creditors, and Dof hopes to reach a solution soon.

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