OSX Presents Revamped Bankruptcy Plan, Calls Assembly

Posted by Eric Haun
Monday, November 17, 2014

OSX Brasil SA, a shipbuilding and ship leasing firm controlled by Brazilian tycoon Eike Batista, presented a revamped bankruptcy protection plan to a judge in Rio de Janeiro on Monday. In May, OSX had presented a plan to pay $2.6 billion in debt over 25 years.

The company also said it would hold an assembly for its creditors on Dec. 10, according to a securities filing.

Categories: Finance Legal People & Company News Shipbuilding

Related Stories

Maturing Dry Bulk Fleet Ill-Equipped for Future

Shipbuilding: ONE Singapore Joins the Fleet

Adani Ports Plans Local Market Comeback After 17 Month Hiatus

Current News

TOTE Promotes Hofeling, Crawford

Russian Yamal LNG Plant Ships First Cargo This Season Via Northern Sea Route

Maersk Pauses Haifa Port Calls

First BYD Electric Cars Delivered to Mexican Port

Subscribe for Maritime Logistics Professional E‑News