The beleaguered shipowner has alsolashed out at the arrest of one of its vessels in Korea, describing the move asa breach of the terms of its debt protection agreements.
BLT said the Singapore HighCourt had stretched its protective cloak, which was due to run out on 2 October,with the blessing of its major lenders.
And the company has predictedthat a long-term agreement will soon be in place because its latest restructuringplan is based on sound fundamentals.
BLT,
