Star Bulk gains millions by divesting Pan Ocean claim
Like several other carriers, Star Bulk Carriers has now divested its claim in bankrupt Pan Ocean for a net gain of USD 9.38 million, says the company.
BY KATRINE GRØNVALD RAUN
Greek Star Bulk Carriers had an outstanding claim in South Korean Pan Ocean, which was put up for sale last week - and the carrier has now divested this claim and secured a net gain of USD 9.38 million, says Star Bulk in a statement.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Korean shipping giant up for sale
For subscribers
Western Bulk divests claim against South Korean carrier
For subscribers
