The company, which is under the umbrella of by Papathomas’ Synergy Management Services of Cyprus, says in an announcement provided to TradeWinds that the restructuring effort is aimed at providing financial flexibility to Nautilus.
The filing in the US Bankruptcy Court in White Plains, New York, cover containerships ranging in size from 2,500-teu to 7,000-teu and that are chartered to an array of liner operators including Yang Ming of Taiwan and France’s CMA CGM.
