Ultrapetrol (Bahamas) Limited Explained

Ultrapetrol is an Argentinian river barges operator.[1] [2] [3] [4] It has worked with companies such as Petrobras.[5]

In early 2017, Ultrapetrol (Bahamas) Ltd was authored by a New York judge to begin chapter 11 bankruptcy proceedings. At the time, it was "owner of one of the largest shipping businesses in South America."[6]

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Notes and References

  1. Web site: Ultrapetrol filled for Chapter 11 bankruptcy protection | Maritime Herald. maritimeherald.com. February 12, 2017.
  2. Web site: BRIEF-Ultrapetrol (Bahamas) initiates prepackaged Chapter 11| Reuters. Reuters Editorial. reuters.com. February 12, 2017.
  3. Web site: BRIEF-Ultrapetrol extends consent solicitation| Reuters. Reuters Editorial. reuters.com. February 12, 2017.
  4. Web site: Ultrapetrol gains more time from lenders. osjonline.com. February 12, 2017.
  5. Web site: Petrobras Cuts Ultrapetrol, World Wide Supply Vessel Contracts - Bloomberg. bloomberg.com. February 12, 2017.
  6. News: Randles. Jonathan . February 10, 2017. Ultrapetrol Cleared for Speedy Chapter 11. The Wall Street Journal. . subscription. February 12, 2017.

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