Overview page containing news articles

restructuring

List of the highlighted articles

Posted: 2 days ago

Seanergy Maritime wraps up $179 m financial restructuring

Athens-based pure-play Capesize vessel owner Seanergy Maritime Holdings Corp. has reached final agre...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: about 1 month ago

Seadrill enters forbearance agreements

Seadrill has agreed on the suspension of payments with creditors related to leasing arrangements for...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: about 1 month ago

DeepOcean to wind down cable laying and trenching units in UK

Subsea services player DeepOcean has started a restructuring process in relation to three UK subsidi...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: 2 months ago

Pacific International Lines offered $600M lifeline as it fights to avoid liquidation

Pacific International Lines (PIL) is seeking protection from the Singapore High Court from winding-u...

Categories:
  • Business & Finance
Posted: 2 months ago
Posted: 2 months ago

Havyard switches business focus to repair yard, cuts jobs

Norwegian shipbuilder New Havyard Ship Technology has decided to restructure its operations into a r...

Categories:
  • Business developments & projects
Posted: 2 months ago
Posted: 4 months ago

German shipbuilder FSG makes a new start

Over 350 employees of Germany’s Flensburger Schiffbau-Gesellschaft (FSG) as well as business a...

Categories:
  • Business developments & projects
Posted: 4 months ago
Posted: 5 months ago

Man Energy Solutions to axe almost 4,000 jobs as part of restructuring measures

Marine engine manufacturing giant MAN Energy Solutions is launching an extensive cost-cutting and re...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 6 months ago

Polarcus restructures with 20% headcount reduction

Polarcus is taking further actions to streamline its business and adjust operational capacity to ali...

Categories:
  • Business & Finance
Posted: 6 months ago
Posted: 7 months ago

PIL launches investment talks with Tamasek unit

Singapore-listed Pacific International Lines (PIL) has launched talks with its lenders on a debt re-...

Categories:
  • Business & Finance
Posted: 7 months ago
Posted: 11 months ago

MOL in Restructuring Mode

Japanese shipping major MOL unveils a number of new restructuring measures. ...

Categories:
  • Business & Finance
Posted: 11 months ago
Posted: about 1 year ago

Proserv Restructuring Delivers Two New Divisions

Aberdeen-based controls technology company Proserv has established two separate divisions – Proserv ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Industry Contribution

Faccin Wind Towers Division: a reliable partner for your wind energy project

Faccin Group created a Wind Towers Division within the company. Why? Eng. Andrea Comparin: “Ac...

Posted: 11 days ago
Industry Contribution

Maritime Insurance Market Update, Q3 2020

‘Clients, advisors and insurers are in the same boat.’ Effective cooperation is necessary to keep ri...

Posted: about 1 month ago
Posted: about 1 year ago

Nautilus Gets Restructuring Nod

Toronto-based underwater mineral exploration company Nautilus Minerals has obtained an order of the ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Senvion Files For Self-Administered Restructuring

Senvion GmbH has filed for self-administered restructuring proceedings after refinancing discussions...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Restructured Aegean Marine Becomes Minerva Bunkering

Aegean Marine emerges from the voluntary Chapter 11 restructuring. ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Industry Contribution
Partner

It’s all about power flow

Integration of renewable energies on a ship – and in other island networks Interview with Jero...

Posted: 2 months ago
Posted: about 1 year ago

Bankruptcy Court Okays Aegean Marine's Reorganization Plan

Aegean Marine Petroleum Network’s reorganization plan confirmed by the US Bankruptcy Court. ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Over 900 Jobs at Risk as Nexans Restructures

Nexans has moved forward with restructuring of its operations in Europe that could result in the eli...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: over 2 years ago

Noble's Relisting Plans Face a Hurdle

Singapore authorities will not allow Noble Group to transfer its listing status to New Noble. ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Industry Contribution

“ETICA IP” ROV & USV a staunch green ally for the blue economy indystry & ocean sustainability

By Ioana Laura Grigore. Our concept of blue economy & ocean sustainability in offshore industry ...

Posted: 2 months ago
Posted: over 2 years ago

Uljanik Workers on Strike Again

Disgruntled workers of Uljanik Group take to the streets. ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

IMSK SE’s Restructuring Efforts Go Bust

IMSK SE is likely to be liquidated having failed to secure support for its restructuring plan. ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Uljanik to Sell 3. Maj Shipyard

Uljanik Group could sell its 3. May shipyard in an effort to raise much-needed cash. ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Ezra Investment Deal Collapses

Offshore services player Ezra Holdings said that its restructuring proposal with Asia Fund Space (AF...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Rolls-Royce to Shrink Workforce as Part of Restructuring

Rolls-Royce unveiled plans to cut 4,600 jobs, mainly in the UK, as part of its business restructurin...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

I.M. Skaugen Files for Restructuring in Singapore

I.M. Skaugen has filed applications to Singapore court for a moratorium to commence the reorganizati...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

CGG Swings to Profit After Restructuring

French geoscience expert CGG has reported net profit of $647 million for the quarter ended March 31,...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Proserv Gets New CEO After Restructuring

Proserv, an energy services company, has completed financial restructuring with aim to strengthen th...

Categories:
  • Business & Finance
Posted: over 2 years ago