Embattled Brightoil Petroleum aims to have the lion’s share of its arrested tankers back in trading over the next few months.
In an exclusive interview with TradeWinds, chief executive Stephen Qi Jun said the shipowner is restructuring and is in talks with Western lenders to forge refinancing deals.
“If everything is on track, we may be able to conclude some refinancing agreements by [the] end of next month,” he said.