Dutch shipping group Vroon, which has been a family-run business for more than 130 years, has succumbed to financial pressures that were exacerbated by global events and economic pressures in the past year. The company, which had been working to grow its offshore services as well as operating a fleet of tankers and livestock carriers, reports it will complete a delayed financial restructuring which will see control handed over to its lenders and parts of its fleet sold.
“Restructuring is necessary because of a debt level due to consecutive economic setbacks that is simply too hig…
Read the full article at: https://maritime-executive.com/article/vroon-to-sell-40-vessels-in-offshore-operations-in-its-restructuring