Forever 21 blames bankruptcy on de minimis exemption
Forever 21, the US clothing retailer, has gone down shouting: it has squarely blamed its ...
By Mike Wackett
The recent recovery in the containership charter market has come too late to save panamax shipowner Rickmers Maritime Trust (RMT).
The company has announced that it will be wound up.
Singapore-headquartered RMT owned a fleet of 14 containerships of 3,450-5,060 teu, five of which are on long-term charter to Japanese carrier MOL, five are on the spot market and four in lay-up.
RMT today said it was “disappointed to have to announce that, after much effort placed on achieving a consensual restructuring among creditors, potential investors ...
Comment on this article