ShippingWatch

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.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Fewer bottlenecks make dry bulk rates decline

Port bottlenecks have eased, meaning dry bulk rates are decreasing. According to Clarksons, the development is not least due to low industry production in China following Covid lockdowns.

MPA appoints new CEO

Quah Ley Hoon steps down as CEO of Maritime and Port Authority of Singapore at the beginning of September after around three and a half years on the post.

Further reading

Related articles

Latest news

See all jobs