Japanese bulk carrier files for court protection

Yet another Japanese dry bulk carrier files for court protection from bankruptcy due to the continuing dire rates in the bulk sector, marking the third unit to do so in a short period of time.

BY CHRISTIAN BARTELS

Carrier United Ocean Group now follows on the heels of several fellow Japanese players by filing for court protection from bankruptcy at the Tokyo City Court, reports Splash 24/7.

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Japanese bulk carrier files for court protection

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Daiichi Chuo has five months to settle rescue plan

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Cosco to build production chain for green methanol

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

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European Energy gets new partner for methanol plant

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Opinion: Europe's key ports have become better connected after Covid

Russia’s diesel ban threatens to roil global markets – if it lasts

Further reading

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Dubai challenges Singapore as shipping's favorite city

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

Carsten Mortensen wants to build green reefer ship for banana export

Cosco to build production chain for green methanol

Hapag-Lloyd were in talks to acquire state-owned port company

Jobs