Share trading in Japanese bulk giant halted
Dry bulk carrier Daiichi Chuo, which has around 170 vessels in its fleet and has Mitsui as major shareholder, is allegedly facing dire financial difficulties.
BY OLE ANDERSEN
The trading of shares in Japanese dry bulk carrier Daiichi Chuo was suspended at the Tokyo Stock Exchange on Tuesday. The move follows rumors that the carrier, which has Mitsui O.S.K. as major shareholder with a 16.5 percent stake, is headed toward receivership.
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:
Another bulk carrier hits financial dire straits
For subscribers
Bulk carrier in cash emergency enters receivership
For subscribers
Braemar warns: Bulk crisis could last five more years
For subscribers
.jpg)
.jpg&w=384&q=75)
