Singapore’s Rickmers Trust Management has said it is in talks with two separate groups of bondholders over its desperately needed financial restructuring.
The trustee-manager of struggling boxship owner Rickmers Maritime Trust (RMT) said this gives it a basis for continued trading and it should not yet be wound up.
The manager added it has been in discussions with financial and legal advisers representing certain groups of noteholders in relation to alternative proposals for restructuring its debts.
These
