LEADING INTERNATIONAL MARITIME MAGAZINE

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Al-Kathiri wins Outstanding Marine Achievement Award 2017 in the UAE

Dr Eng. Abdullah Salem Al Kathiri, Director General of the Federal Authority for Land and Marine Transport, received the Outstanding Marine Achievement Award for the year 2017 at the prestigious Marine Business Awards ceremony under the patronage of Sheikh Ahmed Bin Saeed Al Maktoum, President of the Civil Aviation Authority and Chairman of Aviation United Arab Emirates. 

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FESCO obtains shareholders’ approval for Guarantee in respect of the Notes

Far-Eastern Shipping Company PLC has announced that on 20th October 2017, FESCO obtained an approval from the requisite majority of its shareholders with respect to the guarantee provided by FESCO, to the holders of the outstanding 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020 on 6th September 2017, in support of the obligations under the USD Notes.  

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