John Fredriksen-controlled SFL Corp is among four shipowners that are out millions as liquidators propose to pay out a half-penny on the pound to unsecured creditors of a failed English container line.
But restructuring filings reveal that the creditors themselves contributed to bringing down the company.
Creditors’ committee documents for Allseas Global Project Logistics (AGPL) say Oslo-based, New York-listed SFL was behind a bunkers arrest at Rotterdam that sealed its fate last autumn.
