Rajesh Joshi - Thursday 22 October 2009
AMERICAN Shipping, the company that owns the series of 12 Aker Philadelphia product tanker newbuildings on bareboat charter to Overseas Shipholding Group, said changes to its bond agreements have allowed it to reclassify its debt as long-term, thereby alleviating pressure on its balance sheet.
Breaches of equity covenants on an NKr700m ($126.1m) se...
Latest edition of the e-paper
Tuesday, 9 February 2010
Sign up to receive the best in shipping, insurance, energy and trade news direct to your email inbox!
Lloyd's is the registered trademark of the Society incorporated by the Lloyd's Act 1871 by the name of Lloyd's. This site is owned and operated by Informa plc ("Informa") whose registered office is Mortimer House, 37-41 Mortimer Street, London, W1T 3JH. Registered in England and Wales Number 3099067
Send to Colleague
Printer Friendly Format
Email the Editor