Ezra Bankruptcy Adds to Singapore’s Sorry Offshore Marine Story
By Aradhana Aravindan and Anshuman Daga SINGAPORE, March 20 (Reuters) – Oilfield services provider Ezra Holdings Ltd’s decision to file for U.S.
By Aradhana Aravindan and Anshuman Daga SINGAPORE, March 20 (Reuters) – Oilfield services provider Ezra Holdings Ltd’s decision to file for U.S.
by Tom Hals (Bloomberg) Oilfield services firm Ezra Holdings Ltd (EZRA.SI) of Singapore filed for U.S. Chapter 11 bankruptcy on Saturday, blaming a prolonged
By Gavin van Marle in Long Beach (The Loadstar) – The entire shipping industry – carriers and their customers and suppliers – need to come together
By Tom Hals Feb 28 (Reuters) – A subsea and offshore contractor affiliate of Ezra Holdings Ltd, a struggling Singaporean oilfield services firm, filed
By Tom Hals WILMINGTON, Del., Jan 30 (Reuters) – Shipping company Toisa Ltd filed for U.S. Chapter 11 bankruptcy as falling demand for the
LONDON, Jan 23 (Reuters) – Giuseppe Bottiglieri Shipping Company, one of Italy’s biggest shipping firms, has sought court protection in the country
By Tiffany Kary and Joe Carroll (Bloomberg) — Energy XXI Ltd. filed for bankruptcy protection after spending $5 billion on acquisitions in the years
Primorsk International Shipping, which operates ice-class tankers, has filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court in New York.
By Brenda Goh SHANGHAI, Jan 6 (Reuters) – China’s dry-bulk shipping industry will likely see a surge in bankruptcies this year as freight rates hit
By Tiffany Kary and Michael McDonald (Bloomberg) — A fund linked to Harvard University kept sinking money into a dry-bulk shipping business even while
BY Steven Church, Tiffany Kary and David Wethe (Bloomberg) — Hercules Offshore Inc., owner of the largest fleet of shallow-water drilling rigs in the
By Kathy Finn NEW ORLEANS, July 14 (Reuters) – Signal International will pay $20 million to settle lawsuits alleging fraud and labor trafficking by the
Hercules Offshore Inc. plans to put itself into bankruptcy next month in a creditor-supported deal that would wipe out all of its $1.2 billion of
Overseas Shipholding Group, one of the world’s largest tanker operators, is planning a return to the New York Stock Exchange less than a year after
Privately-owned shipping company Copenship has filed for bankruptcy in Copenhagen after losses in the dry bulk market, its Chief Executive Michael Fenger told
Danish marine fuel supplier OW Bunker A/S has filed for bankruptcy less than 48 hours after its world was rocked by an alleged $125 million bunker fraud
Shipping companies and bunker oil traders scrambled to source fuel and take over supply contracts on Thursday after OW Bunker, one of the world's biggest
Danish ship fuel supplier OW Bunker said it may go bankrupt after discovering fraud by unnamed senior employees in its Singapore-based subsidiary which will
Eagle Bulk Shipping Inc., an operator of dry-bulk cargo ships, filed for bankruptcy protection after missing a June interest payment, as transport companies
Windsor Petroleum Transport Corp (WPT), a Bermuda-based company that falls underneath International Tankers Corp and is 82.5 percent owned by Frontline Tankers
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