Singapore-listed offshore vessel operator said talks about restructuring still ongoing, but delayed by Covid-19

Authorities plan a towage operation but most oil already removed from grounded capesize

New York-listed owner’s shares saw a slight gain on Wall Street on Friday

Capesize rates continued their sideways trajectory

Shares continued their slide, even after positive earnings

Scorpio-backed owner and lenders hashing out terms for collateral use as Chapter 11 case moves forward

Ships insured by US companies or flying the US flag are not included in the new risk assessment

Oslo-listed owner also reaches agreement to defer significant portion of debt principal due in 2020

Other ships may have been harassed in the area, as well

The company will stand pat with its three small scale gas carriers