Sinotrans & CSC Phoenix’s parent company files for liquidation

Chinese dry bulk transportation companies Sinotrans & CSC Phoenix have announced that parent company Tianjin...

Reports: Hanjin Shipping Liquidation Set for Feb 17

The rehabilitation process for the former South Korean shipping giant Hanjin Shipping is set to end on February 17, Yonhap News Agency cited the Seoul Central District Court.

Lithuanian Shipping Company’s Liquidation Starts

Klaipeda County Court has decided to declare the PC Lithuanian Shipping Company bankrupt and began the process of liquidation, the company said in a notice to creditors dated May 30.

Mingde Heavy Industry liquidation plan passed by creditors

Sainty Marine has announced that the creditors of bankrupt Mingde Heavy Industry have passed a plan to liquidate...