July 16, 2009

LIQUIDITY ALERT: Aries Maritime Has US$231.7 Mln Current Deficit

COMPANIES: Aries Maritime Transport Ltd
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Aries Maritime Transport Limited’s consolidated balance sheet as of December 31, 2008, showed current assets of US$19,741,000 and current liabilities of US$251,489,000, resulting in a working capital deficit of US$231,748,000.…

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TOPICS: Earnings | Legal Issues, Litigation | Loans & Financing | Maritime/Shipbuilding | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US | Transportation
LOCATIONS: Greece