The last part of Copenship to file for bankruptcy Thursday

The last remaining company in Danish Copenship's business will be declared bankrupt on Thursday, the estate's trustees tell ShippingWatch. Creditors in Copenship can expect dividends, they say.

A protracted struggle to keep the business alive will end on Thursday for Copenship, as the Danish dry bulk carrier's last remaining company - Copenship Overseas - will be declared bankrupt the day after tomorrow, Per Astrup Madsen (photo), of law firm Lett Advokatpartnerselskab, tells ShippingWatch.

Together with lawyer Jørgen Hauschildt of Bech-Bruun, he has been appointed trustee of the bankrupt group, which from Thursday will include the five companies Copenship A/S, Copenship Management A/S, Copenship Bulkers A/S, Copenship MPP A/S and Copenships Overseas A/S.

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