Pan Ocean sees Q3 profit slashed on repaying rehabilitation liabilities

Dry bulk shipowner Pan Ocean saw its profit slashed in the third quarter compared to the year-ago period due mainly to a repayment of its rehabilitation liabilities, despite a rise in revenue. ...

Pan Ocean’s revised rehabilitation plan approved by court

South Korean shipowner Pan Ocean has announced a court approval for its revised rehabilitation plan, which includes an increase in paid-in capital and a new offering deal. ...