Kristian Siem: bankruptcy should lead to management reshuffles

Logistics Tanker


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The US Chapter 11 bankruptcy protection legislation contains far too many weaknesses, says shipping investor Kristian Siem. The CEO responsible for the bankruptcy often remains in the post, though according to Siem this person should be dismissed, he says to ShippingWatch.

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BY KATRINE GRØNVALD RAUN | SØREN PICO