Vallianz settles $2.3m trade creditor debt with shares

Singapore’s OSV player Vallianz has reached an agreement with eight of its trade creditors for them to...

State-run creditor takes two-track approach on Daewoo Shipbuilding

The main creditor of Daewoo Shipbuilding & Marine Engineering Co. said Monday it has been preparing for the option of placing the troubled shipbuilder under a sort of court receivership unless all stakeholders agree on a painful debt-for-equity swap plan.

Eagle Bulk buys another week in creditor discussions

Eagle Bulk Shipping has bought itself another week in its negotiations with its creditors. ...