Floatel lands debt restructuring and secures new credits

Strained shipping company Floatel, leaser of accommodation rigs to the offshore industry, lands a restructuring agreement, which helps reduce debt by USD 610 million. Last year, a merger with competitor Prosafe was called off.

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DFDS raises its 2021 outlook

Better-than-expected freight results lead DFDS to upgrade its 2021 outlook. At the beginning of the year, the outlook was low, but the recovery has since been faster than the company expected, said DFDS.

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