News / HMM denies charter debts and says business as usual is 'only a matter of time'

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HMM has denied that it has any charter hire payments outstanding. The troubled shipping line confirmed to The Loadstar that all charter hire costs had been paid – although negotiations over rates were continuing.

The shipping line was responding to our article yesterday, which quoted a broker who said he was “deciding what to do about the line’s late charter payments”. He added that it was “only a matter of time” before a shipowner arrested a ship.

But, a spokesman for HMM said: “HMM ...