News / Beleaguered Allseas creditors line up for payment

Allseas Pioneer. Photo: VesselFinder

Vessel operator Allseas Global Project Logistics’ liabilities could exceed £58m ($70.25m), with creditors lining up to claim money owed as the administration procedure and claims from charterer SFL churn on.

Alphaliner reports that container lessor 1st Containers (UK) is the biggest creditor, claiming £24m for hi-cube containers used by the Allseas company.

Separately, SFL, a Bermuda-registered Frederiksen-owned company, is suing the carrier for a breach of contract that amounts to around $24m.

The Loadstar sources said Allseas had hit back at SFL, claiming ...