The Board of Directors in Svithoid Tankers will apply for insolvent liquidation

The Board of Directors in Svithoid Tankers AB decided yesterday on Sunday the 12th of October to investigate the possibilities for a company reorganisation. After having reviewed the circumstances this morning it has become clear that the prerequisites do not exist. The Board of Director has therefore decided to apply for insolvent liquidation.

Board of Directors in Svithoid Tankers AB