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Courts dismiss HSH Nordbank move on Mercator Lines (Singapore)

HSH Nordbank’s attempt to get an interim judicial manager appointed to run cash-strapped Mercator Lines (Singapore) has been dismissed by the courts.

Marcus Hand, Editor

November 13, 2015

1 Min Read
Kalyakan - stock.adobe.com

The application heard at 5pm yesterday was dismissed by the Singapore court.

HSH Nordbank has already applied to have the company placed under judicial management with a court hearing set for 20 November.

Meanwhile the Singapore-listed arm of Mercator is seeking to restructure its operations through a court-approved scheme of arrangement. The hearing over the possible scheme is also set for 20 November.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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