Bouchard Transportation: What went wrong?; Golden Ray salvage gets back on track

Marine Daily
Detyens
Bouchard Transportation: What went wrong?

A Chapter 11 bankruptcy case filing paints a sobering picture of how one of America’s longest established maritime companies found itself plunged into a liquidity crisis, falling behind in crew wage payments, unable to maintain vessels in regulatory compliance and facing multiple vessels being scheduled for foreclosure sales. Full Article

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