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Primorsk International Shipping Limited
Case Number:
1:16-bk-10073
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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September 20, 2016
Oil Shipper Primorsk Gets Nod On Liquidation Plan
A New York bankruptcy judge on Tuesday approved Primorsk International Shipping Ltd.'s plan to wind up its affairs and pay back its creditors after the Arctic shipper, done in by low oil prices, sold its fleet of crude oil tankers to Russia's SCF Tankers for $215 million.
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August 25, 2016
Primorsk Cleared To Poll Creditors On Liquidation Plan
A New York bankruptcy judge has approved Primorsk International Shipping Ltd.'s request to begin polling creditors on its proposal for divvying up proceeds from a $215 million sale of its vessels to Russian shipper SCF Tankers.
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July 12, 2016
Shearman & Sterling Must Stay In Primorsk Ch. 11, Court Told
Shearman & Sterling LLP shouldn't be allowed to withdraw as counsel for an indenture trustee in oil shipper Primorsk International Shipping Ltd.'s Chapter 11 case, Nordea Bank Norge ASA told a New York bankruptcy judge Tuesday, saying the firm's withdrawal would cause unnecessary delays.
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July 07, 2016
Primorsk Gets Initial Nod On $215M Sale Of Shipping Fleet
A New York bankruptcy judge gave oil shipper Primorsk International Shipping Ltd. preliminary approval Thursday to sell its nine-ship tanker fleet to Russian shipper SCF Tankers for $215 million, the highest bid in a Chapter 11 auction held last month.
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July 05, 2016
Primorsk To Sell Tanker Fleet To Russian Firm For $215M
Cyprus-based shipping firm Primorsk International Shipping Ltd. will ask on Thursday for court approval of the sale of its nine-ship tanker fleet to the largest shipping company in Russia for $215 million, completing the transfer of all its assets in a Chapter 11 auction.