India’s Seamec is the latest company to disclose outstanding debts from Singaporean counterpart Swiber Holdings.
As TradeWinds has reported over the past couple of days, Swiber filed for winding up in Singapore’s High Court before opting for judicial management.
Seamec said there is “a very substantial outstanding” debt from Swiber Offshore India and Swiber Offshore Construction.
The Indian shipowner has been regularly fixing its vessels to the Singapore-listed company.
Seamec
