Norwegian boxship owner Bergen Box Carriers has managed to delay loan instalments on its three ships.
The company has suffered huge losses and creditor Sparebanken Vest had already accepted a payments delay, according to Bergen Box Carrier’s annual report.
The bank has agreed that the company only needs to repay what it can until 2017, after which normal instalments will resume. The arrangement is dependent on main shareholder, the Nistad group, ensuring that the interest is paid.
Bergen
