Liner industry frustration as India demands millions in taxes
Foreign-flagged container shipping lines facing the heat from Indian tax authorities have been lobbying the ...
“Net interest-bearing debt increased to $10.7bn ($7.8bn), mainly due to share buyback of $475m, dividends of $1bn, new finance leases of $947m and net interest-bearing debt of $0.4bn acquired through the Grup Marítim TCB transaction, partly offset by proceeds from sale of Danske Bank shares of $482m.” – Maersk, annual results 2016 (emphasis on the amount of debt is mine)
It is relatively easy to forget how big certain numbers can become, spiralling out control when cyclical hurdles become harder to predict ...
DSV and K+N see margins squeezed hard in third quarter
Carriers may have 'overshot' on capacity and will need to blank more sailings
Using Amazon Air services 'a win-win' for 'absolutely satisfied' K+N
Freight rates on major ocean trades out of India continue to slide
MSC ship first in line for delays with Montreal dockers set for Sunday strike
Trump second term would pose a 'destructive risk to the container market'
Four arrested in Poland following claims Russia shipped explosive parcels
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