Shipcraft: New corporate structure following hostage situation

The ongoing kidnapping of crewmembers in Somalia has resulted in Shipcraft changing its corporate structure, according to a statement on the company's website a few days before the day marking two years since the crew was kidnapped.


Just two days before the date marking two years since the hijacking of MV Leopard and the kidnapping of its crew, Shipcraft has decided to change its corporate structure, according to the company's website.

"Due to the ongoing situation with our crew captured in Somalia, Shipcraft (Cyprus) Ltd. has decided that the situation is best served by changing from Shipcraft A/s to Shipcraft Aps with unchanged share capital," says the statement of the website.

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