ShippingWatch

Offshore carrier secures extension on debt payment

DOF Subsea's bondholders have just agreed to postpone the strained shipping line's debt payment. The carrier must provide more information at a new meeting in early November.

Photo: PR/Dof

Offshore shipping company DOF Subsea gets more breathing space to pay off some of its debt.

This is the result of a bondholder meeting held Tuesday, when the majority of bondholders approved a postponement of a debt payment due on the same day.

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