Australia's road transport sector on the edge of disaster
Destination Skid Row
The Rickmer Rickmers, anchored in the Elbe. © Hpdenecke
By Mike Wackett
The German shipowner Rickmers Group, established in 1834, is to file for insolvency after its bankers “surprisingly denied” approval of its financial restructuring.
In a statement Rickmers, which operates a fleet of 114 vessels, including 80 containerships, of which seven 13,100 teu vessels are on long-term ...
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