Singamas looks to container leasing as box sales decline
Singamas, the world’s fourth-largest container manufacturer, is to target more revenue from leasing, rather than ...
Fresh from the pain of having to quit the transpacific box shipping trade, Singapore-headquartered Pacific International Lines has been rushed into further discussions with creditors, according to Splash247. The maritime news site reports that container manufacturer Singamas was forced to issue a warning to its shareholders that the 10th largest global shipping line owes it around $150m. In response to Splash247 enquiries, PIL said it was “committed to enter into a commercially feasible agreement with Singamas in relation to the repayment of these trade receivables as soon as reasonably practicable”.
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
The rise and rise of China's ecommerce platforms
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
DSV chief reticent on Schenker: the focus on growing market share
Another strong month for US ports as container flows continue to rise
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article