Nordic Shipholding has been granted two more months to sell its remaining tankers and wind the company up.
The Danish shipowner said it has secured an agreement with its lenders for an extension of the group's loan facility until 31 March.
In December 2020, the company extended $90.2m of debt maturity to the end of 2021.
Nordic's major shareholder — Nordic Maritime — also agreed at that time to extend a bank guarantee worth $3.85m
