The court-appointed manager of bulker owner Mercator Lines in Singapore has pledged to explore all options to make sure creditors get paid.
Yit Chee Wah of Singapore's FTI Consulting was brought in as judicial manager following an application on Monday by HSH Nordbank.
He said: "The judicial manager intends to evaluate all of the available options in order to preserve the value of the company’s assets for the benefit of its creditors."
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