NEW YORK (Bloomberg) ? Bermuda-based Sea Containers Ltd., owner of businesses including UK train operator GNER and a ferry that links New Jersey and Manhattan, owes its 20 largest unsecured creditors more than $467 million, bankruptcy court records show.

The Bermuda-based company?s largest unsecured creditor that isn?t a trustee for bondholders is HSH Nordbank AG of Hamburg. The bank is owed at least $24.6 million for loans and loan guarantees to Sea Containers, according to papers filed in US Bankruptcy Court in Wilmington, Delaware.

Sea Containers sought bankruptcy protection from creditors on October 15 after failing to pay $115 million of debt. The company, an operator of commuter ferries in the US and Great Britain as well as container ships, listed $1.67 billion in assets and $1.58 billion in debts.

Sea Containers sought bankruptcy protection in the face of mounting debt and ?to minimise the risk of certain creditors taking precipitous enforcement actions? against the company, chief executive officer Robert MacKenzie said in court papers.

A writ has also been entered in the Bermuda Supreme Court in connection with the bankruptcy protection proceedings.

The company owes $387 million in bond debt coming due from now to 2012, according to court filings. The US Trust Co. of New York represents bondholders with $264.8 million in claims, the filing said. Bank of New York serves as trustee for debtholders with $122.2 million in claims.

Among the company?s other largest creditors are Greenwich, Connecticut-based Silver Point Capital Partners L.P., with $19.5 million in contract debt, and Centrabanca, based in Milan, with $19.2 million in debt, the court filing says.

Sea Containers owns business including the SeaStreak ferry operating between central New Jersey and Manhattan, a Brazilian grape farm, an Ivory Coast banana plantation, the Illustrated London News, an office building and travel agency in London and land in Houston. Those assets will be sold to raise money for creditors, MacKenzie said in court papers.

The CEO said an internal restructuring effort helped Sea Containers shed a total of $630 million in debt before its bankruptcy filing.

Sea Containers officials ?plan to continue discussions with their principal creditor constituencies and other stakeholders to attempt to effect a consensual restructuring? of the company?s debt load, MacKenzie said.

Shareholders include Newcastle Partners LP, Appaloosa Management LP, Smith (Donald) & Co., Aegis Financial Corp. and Reed, Conner & Birdwell Inc. All are listed in the filing as owning or controlling at least 5 percent of Sea Containers? Class A shares. Contender 2 Ltd. is listed as owning or controlling at least 5 percent of the company?s Class B shares.