HSH sets deadline for Rickmers Maritime

Rickmers Maritime will have to present HSH Nordbank, the company's biggest lender, with a new restructuring proposal by April 15 at the latest, says the company.

Photo: PR-foto/Rickmers Maritime

Major German bank HSH Nordbank has informed Singapore-based Rickmers Maritime that the company must by April 15 at the latest present a restructuring proposal to its biggest lender, says the company in a statement.

The new proposal must ensure a better result than a similar winding down of the company, according to the statement.

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