Media: Japan's Daiichi close to sealing rescue plan

Anonymous sources inform that Japanese dry bulk carrier Daiichi Chuo Kisen Kaisha is close to reaching an agreement with local industry parties for a rescue plan that will bring the almost-dethroned carrier out of a slow restructuring process and into fresh capital.
Photo: PR
Photo: PR
BY CHRISTIAN BARTELS

A circle of Japanese yards and shipowners are looking to join forces in an attempt to rescue dry bulk carrier Daiichi Chuo Kisen Kaisha, which after four months of trying and failing to restructure the company has now been forced to postpone the restructuring process by several months, reports Tradewinds.

Already a subscriber?Log in here

Read the whole article

Get access for 7 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
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading