Lauro-led OSV operator sells two AHTs, files for Chapter 11

Capt. John

At 9.02 a.m. ET yesterday, Emanuele Lauro led Hermitage Offshore Services Ltd. (NYSE:PSV) reported that it had sold its only two anchor handling tug supply vessels, Then, at 10.56 p.m., the company and 28 subsidiaries announced they had filed petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.

In announcing the sale of the AHTS duo, Hermitage said that the consideration for the transaction consisted of its unconditional release of all...

https://www.marinelog.com/offshore/lauro-led-osv-operator-sells-two-ahts-files-for-chapter-11/

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