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Hermitage Offshore Files for Chapter 11 Bankruptcy
Aug. 14, 2020

Hermitage Offshore Files for Chapter 11 Bankruptcy

Hermitage Offshore Services, alongside 28 of its vessel-owning subsidiaries, have filed for Chapter 11 bankruptcy. The step was taken due to the collapse in global oil prices as a result of the Covid-19 pandemic and its impact on on the company and it does not expect business operations and relationships with its customers and vendors to get affected while it works with its lenders through this process.

   Read More About : Bankruptcy Midstream Offshore
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