Tanker Repulses Pirate Attack in Gulf of Aden
Armed pirates attacked a British-flagged chemical tanker in the Gulf of Aden on Sunday but were repulsed, the ship's manager Stolt Tankers said.The pirates approached…
DOF in Standstill Agreement with Lenders
![Skandi Vega - Image by Cavernia/Wikimedia - Shared under CC BY-SA 4.0 license](https://images.marinelink.com/images/maritime/w100h1500/skandi-vega-image-by-caverniawikimedia-112977.jpg)
Norwegian offshore support and subsea service vessel owners DOF and DOF Subsea have reached stand-still agreements with lenders representing to 93% secured debt of DOF companies. The agreement means all payments of principal and interest to the secured lenders are suspended until 30 June 2020 on certain customary terms and conditions. The deal does not cover payments on the NOK 100 million credit facility provided to DOF Subsea AS by certain of its lenders on March 27…
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