HSH Nordbank could hand a lifeline to imperilled Rickmers Maritime by writing off debts.
The restructuring Singapore container line said it held talks with its largest lender last week to find out whether the German bank's adviser, Ferrier Hodgson, had secured a "credible alternative restructuring proposal" to rejig its notes following negotiations.
But HSH said the proposal was not acceptable to it and that no other talks are ongoing, leading to a delay in restructuring.
As
