International Shipholding said its lenders have agreed to forbearance deals for credit facilities that are in default, though lessors have been less helpful..
The forbearance agreements last until 1 July.
The over-the-counter-listed shipowner told the US Securities & Exchange Commission (SEC) today that other lenders have "furnished, or indicated a willingness to furnish" forbearance agreements.
However, lease financiers have declined to provide a similar lifeline to the diversified owner.
"As