Another bulk carrier hits financial dire straits

Dry bulk carrier Global Maritime Investments Cyprus has succumbed to the crisis and has filed for receivership in New York.

Photo: Rotterdam Havn

Yet another dry bulk carrier finds itself in financial dire straits following the deep crisis in the sector.

Dry bulk carrier Global Maritime Investments Cyprus, based in London, has filed for receivership in New York, under the US Chapter 11, where the carrier has been sued.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

HHLA advances despite chaotic market

Port company Hamburger Hafen und Logistik has seen much progress this past half year despite ”major operational challenges” on a volatile market.

Borr Drilling seeks capital in the US

Tor Olav Trøim’s Borr Drilling searches for capital in the US and plans to issue shares on the New York Stock Exchange, a company statement reveals.

Further reading

Related articles

Latest news

See all jobs