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Bulk carrier seeks US court approval for restructuring plan

ACL plans to file for ‘voluntary petitions for reorganisation’ under Chapter 11 of the US Bankruptcy Court for the Southern District of Texas, Houston Division

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The US inland waterway barge industry has been hit by flooding in the Mississippi, Missouri and Arkansas river basin which accounted for $20bn of damage in 2019, continuing a trend of increasingly costly floods since 2010

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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