US Chapter 11 process is creating mean and lean shipowners - TradeWi...

03/15/18


TradeWinds

US Chapter 11 process is creating mean and lean shipowners
TradeWinds
The move is set to cut the US shipowner's net interest expenses from about $67m in 2017 to about $48m this year, and then down to the $30m range up until 2021. GulfMark Offshore and Tidewater have been praised by analysts for slashing large amounts of ...

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