Marine Link
Tuesday, January 23, 2018

Vinashin Struggles to Repay Creditors

Maritime Activity Reports, Inc.

December 27, 2010

According to an Associated Press report, state media say the Vietnam Shipbuilding Industry Group doesn't yet have an agreement on the first repayment toward $600m it owes foreign creditors.

Vinashin reportedly defaulted last Monday on the $60m payment due as part of syndicated loans arranged by Credit Suisse in 2007.

(Source: AP)

 

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News