OSX Presents Revamped Bankruptcy Plan, Calls Assembly

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.

Logistics News

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Russian Attack Hits Port Infrastructure

Russian Attack Hits Port Infrastructure

Port Snared in US-China Dispute, says Panama President

Port Snared in US-China Dispute, says Panama President

Subscribe for Maritime Logistics Professional E‑News

Oscar statuette for 'Mr. The flight carrying 'Nobody Against Putin" is missing
US Treasury warns that even if you pay in charity, the tolls for Hormuz are still a violation.
TC Energy approves a $1.5 billion expansion of Columbia Gas after profits exceed expectations