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Xihe Group Heading Towards Consensual Restructuring


The Xihe Group of Companies (“Xihe”),a Singapore-based tanker shipowner which owns almost 140 vessels covering every segment of the fuel transportation market, announced that it and its Lenders have adjourned court proceedings to work together towards a consensual restructuring.
 
Xihe is deeply grateful to the lenders and to the Court for this opportunity. 
 
Xihe is committed to bring about the best outcome for all its stakeholders, partners and clients. 
 
Source:XINDE MARINE NEWS

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