Subscribe to RSS feedBanks pull plug on KG ship fund
by
Patrick Hagen, Cologne
—
last modified
Aug 18, 2010 04:27 PM
A GERMAN shipping fund issued by KG house Elbe Emissionshaus (EEH) has filed for insolvency.
The fund owns the 8500 dwt multipurpose vessel Lehmann Forester,which was delivered in April 2008 from Fujian New Shenghai Shipbuilding in China.
Banks refused to step in with an additional working capital loan and the fund’s managers plan to file...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
Daily Top Stories
- Rena officers sent to prison
- New salvage facility for Cairns
- Worker dies in Newcastle wharf tragedy
- Major supramax markets diverge
- Panama Canal fees hike planned for July
- 12% of world tanker fleet facing scrapping
