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Suspension of Debt Servicing The economics of the dry shipping market continue to be particularly challenging with the Baltic Dry Index falling to all time lows and containership freight rates decreasing sharply in the second half of 2015. Against this background, cash flow generated from operations is only sufficient to cover the operating expenses of the fleet. As a result, the Company has suspended the servicing of its debt and is in ongoing negotiations with its lenders to restructure its loan facilities. Trading Update Fleet Employment Profile 
(1) Represents earliest day on which the charterer may redeliver the vessel This information is provided by RNS - The company news service from the London Stock Exchange Goldenport Holdings Inc. press release |
