A trio of financiers and Norway are asking for a pair of Coastline Maritime-linked OSVs to be sold in an effort to recover more than $250m in defaulted loans.
Caterpillar Financial Services Asia, Eksportfinans, KFW IPEX-Bank and the Norwegian government are pursuing a lawsuit in Houston federal court made over loans to the registered owners of the 7,241-dwt Caballo Marango (built 2010) and the 6,835-dwt Caballo Maya (built 2012) between 2008 and 2017.
