Independent journal on economy and transport policy
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The Japanese Sanko Line asks the controlled administration
Failed the attempt of agreement with the creditors
July 2, 2012
The shipowning society Japanese The Sanko Steamship Co. (Sanko Line) has not found an agreement with the creditors and has introduced request to the Court of Tokyo to the aim of being mail under controlled administration, demanded that the company had already once advanced in its history, in 1985.
In the past few months the company has tried unfruitfully, with the mediation of the Japanese Association of Turnaround Professionals, to mainly reach an agreement with the creditors on the dismissal of the payment of the installments of hire of the ships of the company. Sanko, in fact, on 1° April has a fleet of 185 ships () between rinfusiere, oil tankers, gassiere, portacontainer and offshore unit that I am in great taken part rental.
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The shipowning society Japanese The Sanko Steamship Co. (Sanko Line) has not found an agreement with the creditors and has introduced request to the Court of Tokyo to the aim of being mail under controlled administration, demanded that the company had already once advanced in its history, in 1985.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
