Germany's Marenave has been straining since the beginning of this year to survive the financial woes currently enveloping the carrier. Marenave will sketch out an alternative future in the coming weeks, along with a concept for raising capital, the company states.
The announcement comes after the original rescue plan was discarded when the two investors Offen Group and insurance company DEVK withdrew. Ahead of the shipowner's general assembly, the two investors had called for a capital reduction, but this item was postponed at the request of the carrier's executive management and board.
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