Viking Supply Ships seeking standstill agreement from bondholders

The pressured offshore carrier has extended a standstill agreement with its creditors and is now seeking the same extension from its bondsholders. At the same time, Viking Supply Ships will follow through on a bond payment which expired Monday, March 21st.

BY DANIEL LOGAN BERG-MUNCH

Viking Supply Ships is so strained by the crisis in the offshore market that the carrier is now unable to meet its financial obligations.

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Viking Supply Ships seeking standstill agreement from bondholders

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Viking delivers record profits in squeezed offshore market

Viking Supply Ships idles even more vessels

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

14 arrested at demonstration in front of Maersk headquarters

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Jobs

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Spot prices for container freight continue to rise

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid