Ships’ Lower Prices Causes Nordic Shipholding to Breach Loan Covenant

Capt. John

As mentioned in Company Announcement 07/2018 there was a risk that the Company may breach certain of its loan covenants as at 30 September 2018. Below please find the relevant quote from the Company Announcement 07/2018. “In view of the expected continued low TCE rates and depressed vessel values,...

https://www.hellenicshippingnews.com/ships-lower-prices-causes-nordic-shipholding-to-breach-loan-covenant/

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