The court-appointed manager for Ocean Tankers Pte Ltd has applied to the Singapore court to return most of the ships the company manages to the shipowners, as cash is running low and Ocean Tankers will not be able to maintain the fleet, two sources with knowledge of the matter told Reuters. If successful, the move …
The post Singapore’s Ocean Tankers wants to return most ships to owners – sources first appeared on Hellenic Shipping News Worldwide.