Independent journal on economy and transport policy
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First Wave set to emerge from bankruptcy
(Marine Log)
January 17, 2002
First Wave Marine, Inc., which operates five shipyards in the Houston/Galveston area, said today that its plan of reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas.
First Wave says that its current senior secured lender has agreed to provide it with a post-confirmation $10 million revolving line of credit and ...... Read more on Marine Log
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