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Maersk to Split Transport and Energy Businesses

Danish shipping and energy conglomerate A.P. Møller – Maersk A/S  has decided to reorganise its portfolio of businesses into two independent divisions; an integrated Transport & Logistics division and an Energy...

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Rickmers Floats Revised Debt Restructuring Plan

Rickmers Trust Management, the trustee-manager of the container ship owner and operator Rickmers Maritime, has presented a revised restructuring plan in relation to the SGD 100 million (USD 74 million) 8.45% notes due...

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The Hanjin Legacy

The Hanjin bankruptcy came as no surprise as its attempts to restructure and reduce its commitments to the very large number of chartered-in ships, FAILED. The complexity of the effects...

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