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ShippingWatchWednesday4 October 2023
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Offshore

Sale of bankrupt carrier shelved despite bids from several buyers

Six potential buyers placed indicative bids on bankrupt-stricken World Marine Offshore, but a final sale failed to materialize.
Photo: World Marine Offshore
Photo: World Marine Offshore
by NIKLAS KRIGSLUND

Several potential buyers lodged bids on World Marine Offshore, as the court-appointed administrators tried to save the company from an imminent bankruptcy, but they all fell short of the valuation.

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Latest news

  • Maersk's new methanol venture moves forward with project by Suez Canal –
  • US Coast Guard strengthens measures against violations on commercial ships –
  • Maersk Tankers moves into new segment with latest pool –
  • Orders for LNG and methanol ships increased over summer –
  • Wärtsilä sees more carriers improving efficiency instead of switching fuel –
  • Typhoon closes 12 shipping routes off southern Taiwan –
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  • Three new cars stacked in one shipping container to reduce long waiting times –
  • MSC wins first case on congestion charge to customer –
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