Creditors still undecided on refund guarantee for Daewoo’s latest deal

Creditors of Daewoo Shipbuilding & Marine Engineering Co., a troubled shipbuilder here, still remain undecided over afor the shipyard’s latest deal, further complicating troubles for one of the country’s major shipyards, industry sources said Monday.

Rickmers selling fleet to repay creditors

Troubled container ship operator Rickmers Maritime yesterday said it has found a buyer for its entire fleet of container ships for US$113 million (S$157.8 million).

Creditors Consider Another Rescue Package for DSME

Creditors of the cash strapped Korean shipbuilder Daewoo Shipbuilding & Marine Engineering are looking to secure another rescue package for the company of up to KRW 3 trillion (USD 2.6 billion), Yonhap News Agency cited industry sources.

Report: Ailing Shipbuilder DSME to Get USD 2.4 Bn from Creditors

Creditors of the financially-troubled Daewoo Shipbuilding & Marine Engineering (DSME) plan to financially support this South Korean shipbuilder with KRW 2.8 trillion (USD 2.4 billion), under proviso that the company’s labor union accepts the restructuring

Alphaliner: Charter Owners Top Hanjin’s Claim Creditors

Charter owners, terminal operators and container lessors have been identified as the largest among Hanjin Shipping’s claim creditors, according to Alphaliner.

HMM gets creditors nod for $640m debt-for-equity swap

Struggling shipowner Hyundai Merchant Marine (HMM) has agreed to a KRW760bn ($640m) debt-for-equity swap with its ...

HHIC to get additional funds from creditors for restructuring

South Korea’s Hanjin Heavy Industries & Construction (HHIC) is set to receive an additional KRW120bn ($103.1m...