July 21, 2009

LIQUIDITY ALERT: B+H Ocean Carriers Has US$151.3MM Current Deficit

COMPANIES: B+H Ocean Carriers Ltd
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B+H Ocean Carriers Ltd.’s consolidated balance sheet at December 31, 2008, showed current assets of US$57,301,712 and current liabilities of US$208,641,819, resulting in a working capital deficit of US$151,340,107. The…

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