Bankrupt Dutch multipurpose owner Flinter Group looks increasingly doomed after its administrator said selling its ships will not be enough to appease banks.
Kees van den Bergh told the NOS website that he had been working on a relaunch of the company, but that "the chances of that seem to be gone.”
“The market is so bad that the proceeds from the sale of vessels is not acceptable for the banks involved," he said.
The
