The cash-strapped operator is looking to offload the 273,500-dwt Overseas Equatorial(built 1997), 309,900-dst Overseas Sovereign (built 1996) and 47,200-dwt Overseas Maremar (built 1998), according to documents filed in the District of Delaware.
“While the assets have been well maintained and have ample capacity to operate and generate revenue, the debtor sellers have determined that these assets do not suit their business plans and are unnecessary for the debtor seller’s ongoing operations,” it told the court.
“Moreover,
