Shippers should be wary of index-linked contracts – get the right legal advice
As shippers, carriers and forwarders look to index-linked contracts (ILAs) to mitigate risk to capital ...
There’s a new behemoth on the block. Triton Container International and TAL International are to merge, to form the biggest intermodal container lessor. It will remain under the Triton name, and Triton’s shareholders will hold 55% of the equity. Together, they will operate a container fleet of some 4.8m teu and expect to find $40m in annual synergies by the end of 2016. If the merger fails, TAL will have to pay Triton a $19.5m termination fee, while, depending on ...
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