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 contain at least 6 characters
!
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