Indonesia’s Arpeni Pratama Ocean Line has halted bond interest payments until its restructuring is complete.
The shipowner told the Jakarta stock exchange that the instalments were due on 30 January, without giving figures.
The Bisnis website said the bonds were issued in 2008 and also feature a shariah profit-sharing element, which will also be postponed.
Arpeni has been scrapping bulkers as it seeks to restructure.
