This is the third dry bulk company to file for bankruptcy protection this month following in the wake of Winland Ocean Shipping and Copenship.
Daebo International is said to have made the filing on 11 February, according to a member advisory from Skuld.
“Members may have already had some experience of this procedure following a number of high profile bankruptcies and reorganisations in Korean shipping following the financial crisis in 2008,” the P&I club said.
“While
