AsiaOffshore

Swiber claims continue to stack up

Singapore offshore operator Swiber, which sought judicial management last month having earlier announced its liquidation, has said that further claims against the company have come in and the total value is now around $135.9m.

Swiber is seeking legal advice on the claims, and in the meantime the judicial managers continue to look for “serious investors” to save the company from liquidation.

Swiber’s fate is likely to be decided by October 3.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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