Liner schedule reliability worsened in a Q4 'rife with challenges'
The pervasive headwinds of Q4 24 translated into yet another decline in ocean shipping schedule ...
The successful restructuring of ZIM Integrated Shipping Services has captured the attention of many industry observers over the last couple of years. After all, its debt-to-equity swap was meant to be just one of many waivers set to flood the ailing shipping industry, serving as a blueprint for other box liners that had been fighting hard to avoid bankruptcy.
The Haifa-based group said on 17 July 2014 that banks, shipowners and bondholders signed up to a restructuring plan “as a result ...
Comment on this article
Mr. Yongha Lee
April 17, 2016 at 3:01 pmmarket situations are changing because recent earthquakes in Japan, Philipine, Peru, Equadore requires a very large quantity of assisting materials and repairing ones . These materials will be transported by vessels. Therefore, the strong demand of vessels will be occurring from next week. check out the trend of BDI and other vessel rates .
Mr. Yongha Lee
April 20, 2016 at 2:07 pmAbout 60% vessel lenders agreed to lower the charterage of HMM, Hyundai Merchant Marine. but 40% ship lenders are under the charter cut negotiation.
If the 40 ship lenders such as Eastern Pacific Shipping and Navios Corporation also agree to lower the charterage, Korea Develop Bank will take over HMM next month.
But If the 40% ship lenders won’t agree to lower the charterage of HMM.
It will go to the court receivership.