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  • Vroon reaches in principle restructuring agreement with its lender group
  • 2018 April 15 08:27

    Vroon reaches in principle restructuring agreement with its lender group

    Vroon has reached an in principle agreement with all its lenders regarding the terms of its financial restructuring. The agreement, which is only subject to final documentation and credit committee confirmation, is an important step forward towards the finalisation of Vroon’s financial restructuring, the company said in its press release.
     
    The agreement marks the important step towards the final stage of a process initiated in late 2016 following continued challenges in shipping markets. Vroon is confident that the envisaged restructuring will provide generous runway to implement its strategic plans. Vroon wishes to thank its finance partners for their constructive support and trust in the business.
     
    The Company is committed to continue taking measures to strengthen the Company’s financial condition during these turbulent times. Vroon’s focus remains the provision of safe, reliable and high quality services to its clients, supported by dedicated colleagues at sea and ashore.
     
    Vroon is an international shipping company, with more than a century's experience and a professional shore-based staff of about 350 and around 2,800 marine personnel worldwide. Vroon operates and manages, under different brand names, a diverse fleet of approximately 200 vessels.




2021 October 28

17:58 Frigate Admiral Grigorovich of RF Navy's Black Sea Fleet makes planned transition to far sea zone
17:29 MYCRANE signs MoU with Swiss-based EPCM, PESCO Switzerland AG
17:00 Tersan shipyard (Turkey) hosted flag-raising ceremony for trawler built for Russian customer
16:21 Viking Line provides the best customer experience in the tourism industry
16:12 China ports container volume rises 9.5% from January to September 2021, NCFI slight decrease in October
16:09 OOS Group introduces the SMF
15:46 Shipbuilding Complex “Zvezda” to allocate RUB 2.95 billion for construction of dry dock and outfitting workshops
15:23 Methanex and MOL finalize definitive agreements for a strategic shipping partnership
14:51 Demonstration project begins for commercialization of vessels equipped with domestically produced ammonia-fueled engine
14:29 Top management change in Eidesvik Offshore ASA
14:11 MABUX: Bunker Weekly Outlook, Week 43, 2021
13:54 San Pedro Bay ports announce new measure to clear cargo
13:40 RF Transport Minisry to consider discounts for LNG-powered ships in Far East ports upon request from business
13:29 IMO-Singapore maritime Single Window Project picks Angola port
12:52 Finnlines increases capacity between Finland and Sweden in January 2022
12:24 Ro-Ro/Passenger ferry Baltic Princess returned to Turku – Stockholm route following her DD at Turku Ship Repair Yard
11:38 Tallink Grupp reports the first quarterly profit since the start of the COVID pandemic
11:15 First vessel sails into Lumsden Point
10:53 Sovcomflot expects full-scale competition of ammonia, hydrogen and methanol with LNG not earlier than in 4-8 years
10:11 MABUX: Bunker prices may decline on Oct 28
10:07 ABS My Digital Fleet™ expands maritime IoT capabilities with the PI System from AVEVA
09:49 Net profit of PAO NOVATEK for 9M’2021 increased 11.5 times
09:30 Oil prices continue decreasing
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09:03 ‘Shanghai-Express’ reaches Port of Hamburg
08:56 NEDO selects Methane Slip Reduction Project for next generation ship development

2021 October 27

18:22 IMC Shipping appoints Mingfa Liu as managing director for ship services
18:07 TotalEnergies and MOL hold naming ceremony of France’s first LNG bunker vessel
17:51 Damen built LNG bunkering vessel enters service in the Gulf of Finland
17:42 Rosmorport takes delivery of LNG-powered Ro-Ro ship Marshal Rokossovsky
17:40 DEME Offshore installs final foundation at Hornsea Two offshore wind farm
17:34 Port of Zeebrugge posts a strong growth in nine months of 2021
15:40 Dublin Port volumes down by 3.3% after nine months of 2021
14:33 IMO considers midterm-measures for GHG reduction from ships
14:12 BIO-UV Group adds 3d scanning to turnkey BIO-SEA BWTS retrofit services
13:50 Ocean Yield agrees to invest in six VLCCs with 10-year bareboat charters to International Seaways
13:02 WinGD invests in training as gas-fuelled fleet grows
12:52 Vyborg Shipyard contracted to build an 18 MW icebreaker for Rosmorport
12:38 Zero emissions by 2050 is not enough for most developed countries if planetary warming is to be limited to 1.5 degrees - DNV
12:37 The LNG Fleet, LNG Bunkering and Other Alternatives Conference kicks off in Moscow
12:06 FESCO to supply Indian stations in Antarctica for another 5 years
11:51 Constructora Vale Verde places a repeat order for a cutter suction dredger with Damen Shipyards
11:19 MarineMax reports record fourth quarter and fiscal year results
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09:33 Baltic Dry Index as of Oct 26
09:25 Aquadrill announces sale of a semisubmersible drilling unit
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2021 October 26

18:06 FarSounder and NAVTOR announce a new partnership
17:49 Russian State Duma approves a bill on wrecks removal in the first reading
17:36 FuelEU can do more for the decarbonisation of shipping – World Shipping Council
17:08 First global hydrographic innovation and technology laboratory established in Singapore
16:31 BIO-UV Group adds 3D scanning to turnkey BIO-SEA BWTS retrofit services
16:24 Wärtsilä commits to carbon neutrality by 2030
16:05 CSL Americas takes delivery of second converted self-unloading ship
15:27 Damen Maaskant Shipyards Stellendam delivers 38-metre Beam Trawler to Rederij Long Ships
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14:13 BW Energy signs an agreement for the acquisition of semi-submersible drilling rig for the Kudu development