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

Bulls Joins TVO's Global Business Development Team

Bulls Joins TVO's Global Business Development Team

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Subscribe for Maritime Logistics Professional E‑News

Ukraine's farm exports fell 23% month-on-month in April, according to lobby.
Stocks rise on positive jobs data and signs of trade tensions easing
Syria signs 30-year agreement with French shipping giant CMA CGM