Bender Fights Bankruptcy

Thursday, June 11, 2009

Bender Shipbuilding & Repair, based in Mobile, Alabama, said that a petition has been filed to put the company into involutary bankruptcy. The company had yet to be served, but it did say that it is in contractual disputes with two of the three creditors who filed the petition, including GulfMark Offshore Inc.
Bender disputes GulfMark's claims and believes that the petition is invalid.
"It is unfortunate that GulfMark has chosen to go this route," said Tom Bender, president and CEO of Bender, in a prepared release. "I am optimistic that the involutary petition will be dismissed quickly."

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Shipping Industry Faces Shake Up

As global shipping grapples with its worst downturn in 30 years, private equity firms are unwinding massive bets made on the sector in a move set to accelerate

Gulf of Mexico Oil Production on the Rise

Because of the long timelines associated with Gulf of Mexico (GOM) projects, the recent downturn in oil prices is expected to have minimal direct impact on GOM crude oil production through 2016.

Vessel Sales: February 2015

Vessel sales for February 2015  - (as of March 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built -  - (Age)

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1524 sec (7 req/sec)