Aurora LPG’s will likely be in need of debt relief, analysts said Friday as the VLGC owner said it is working with stakeholders to address its capital structured.
Arctic Securities analyst Erik Nikolai Stavseth he believes “restructuring is in the works” in an effort to shore up the Oslo-listed LPG carrier owner for two years at current low rates, which could see the company burn an estimated $90m to $105m in cash.
“Aurora
