Overview page containing news articles

restructuring

List of the highlighted articles

Posted: 28 days 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: 28 days ago
Posted: 2 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: 2 months ago
Posted: 3 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: 3 months ago
Posted: 7 months ago

MOL in Restructuring Mode

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

Categories:
  • Business & Finance
Posted: 7 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
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
Posted: about 1 year ago

US Bankruptcy Court Confirms 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: about 1 year 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: about 1 year ago
Posted: about 1 year ago

Uljanik Workers on Strike Again

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

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

The Underwater Centre Stays Afloat

The Underwater Centre, located in the Scottish Highlands, has completed restructuring after receivin...

Posted: over 2 years ago
Posted: over 2 years ago

Heerema Cuts 350 Jobs as It Exits Offshore Pipe Lay Segment

Heerema Marine Contractors (HMC) has informed that it will cease its offshore pipe lay activities wi...

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

Vroon Hammers Out Restructuring Deal with Lenders

Vroon has reached an agreement in principle with its lenders on financial restructuring. ...

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

Vroon Agrees Restructuring with Its Lender Group

Vroon has reached an in principle agreement with all its lenders regarding the terms of its financia...

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

Vroon sailing towards finalization of financial restructuring

Vroon has reached an in principle agreement with all its lenders regarding the terms of its financia...

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

Creditors to Place STX Offshore under Court Receivership Again

STX Offshore is to be put under court receivership as its union failed to accept the company’s...

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

Cordia Supports Oceanteam Restructuring and Re-Vitalizing

Oceanteam has reached an agreement with Keesjan Cordia to take a substantial shareholding in the com...

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