Endangered Singapore boxship owner Rickmers Maritime Trust (RMT) has issued a plea to creditors to write off debts in order for the company to survive.
It said it continued to face difficulties in meeting principal repayments, including $197.7m owed to an HSH Nordbank syndicate on 31 March, as well as its SGD 100m ($70.51m) 8.45% medium-term notes due on 15 May 2017.
