Copenship files for bankruptcy

Copenship has filed for bankruptcy today, Tuesday, CEO Michael Fenger confirms to ShippingWatch. "We've reached a point where there's nothing left to do," he says.

Dry bulk operator Copenship, which consists of Copenship A/S and Copenship Bulkers, has filed for bankruptcy on Tuesday, the company's CEO, Michael Fenger, confirms to ShippingWatch.

"We've done what we could to raise capital to save the company, but we've reached a point where there's nothing left to do. It's a very sad day for us," he tells ShippingWatch.

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