Company Files for Bankruptcy, Ship Tied Up in St. John’s

Company Files for Bankruptcy, Ship Tied Up in St. John's
Company Files for Bankruptcy, Ship Tied Up in St. John's
More details have been released about the Chapter 11 filing in New York by Toisa, a shipowning vehicle controlled by Greek national Gregory Callimanopulos. In a release, it was stressed that other parts of the Callimanopulos shipping empire including

Toisa, a ship owning company run by a Greek magnate, has filed for Chapter 11 Bankruptcy in the US. One of the ships owned by Toisa, the massive multi purpose offshore supply vessel the Toisa Proteus is currently tied up at St. John's Harbour. It's not …
Toisa Ltd., the shipping fleet owned by Greek shipping magnate and noted art collector Gregory Callimanopulos, on Sunday filed for chapter 11 bankruptcy protection, hurt by weakness in the oil and dry-bulk markets. Debts and assets each top $1 billion …

Gregory Callimanopulos's Toisa files for Chapter 11 in New York

Toisa ship The offshore oil and gas supply shipping company Toisa Ltd filled for bankruptcy protection after falling of demand of its services and inability for loan repayment, as well as low cash flows. The Bermuda-chartered company and 23 of its … . The vessel operator Toisa Ltd. has filed for U.S. bankruptcy protection, citing debts exceeding $1 billion and a poor market outlook. The diversified owner and operator has been scaling back for at least a year, ever since oil prices began to slide and …

Shipping company Toisa Ltd filed for U.S. Chapter 11 bankruptcy as falling demand for the Bermuda-chartered company's oil-and-gas supply vessels left it running short of cash, according to court documents. Toisa, owned by Greek shipping magnate Gregory

Law360, New York (January 30, 2017, 4:27 PM EST) — Oil fleet operator Toisa Ltd. has filed for Chapter 11 protection in New York with more than $1 billion in debt, citing a drop in oil prices that began more than two years ago. Toisa operates a fleet … . Toisa, a shipowning vehicle controlled by colourful Greek magnate Gregory Callimanopulos, has sought bankruptcy protection in New York. The Chapter 11 filing seen by Splash covers Toisa and 23 subsidiaries which run a total of 19 ships – a mix of OSVs,

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