Dalian: The creditor group of STX Offshore & Shipbuilding plans to offer support to help normalize the business operations of the cash-strapped STX Dalian.
The STX creditor group plans to send financing schemes to STX Dalian’s Chinese creditors including ICBC before next Monday.
The Chinese creditors group of STX Dalian had requested Korean creditors group to provide financing for the construction of three out of nine vessels while Chinese creditors group will take care financing for the rest six vessels.
Earlier, a creditor group formed by 31 Korean suppliers of STX Dalian in China called for help from the Korean government as STX Dalian has been unable to repay debts. [04/07/13]
RELATED STORY:
STX Dalian suppliers call for help from Korean government
