AnIndonesian bankruptcy court has given Berlian Laju Tankers another three monthsto hammer out its financial overhaul.
Jakarta-based BLT on Wednesday said themajority of its creditors approved the extension, which was sealed on 16August.
“The existing restructuring initiatives beingimplemented to streamline and enhance BLT’s fleet and operations continue andwill be completed in the coming months,” it added in a statement. “BLT’s improvedoperating platform is delivering good results in what remains a challengingmarket.”
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