Siem Offshore still waits for clarification from its Brazilian creditors
![Photo: PR / Siem](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article12658588.ece/ALTERNATES/schema-16_9/doc7du98o0fq6waosiehky.jpg)
Norwegian offshore shipping company Siem Offshore, which is led by Kristian Siem, is in a dire financial situation with debt totaling around NOK 8 billion (USD 930.7 million), and the company is now trying to settle a deal with its creditors, though it is having difficulties with its creditors in Brazil, reports Finansavisen.
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Siem Offshore gets respite from creditors until New Year
For subscribers
Siem Offshore expects more vessels to be laid up
For subscribers
Siem Offshore impairs fleet by USD 250 million
For subscribers