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OVERSEAS SHIPHDLG Message Board

  • buyacramer buyacramer Oct 23, 2012 12:28 PM Flag

    Creditors have more to loose by forcing OSG into BK

    In the best interest to work things out so that OSG can continue as a going concern. Forcing a liquidation is going to return creditors maybe 50 cents on the dollar given low tanker rates now and trying to have a firesale.

 
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