Forever 21 blames bankruptcy on de minimis exemption
Forever 21, the US clothing retailer, has gone down shouting: it has squarely blamed its ...
MSC is preparing contingency plans for customers’ cargo, should the three containerships it has on charter from Rickmers be claimed by the bankrupt group’s creditors.
Rickmers Group entered self-administered insolvency on 2 June. The vessels affected are the 1,854 teu John Rickmers, 1,216 teu Sandy Rickmers and 4,444 teu MSC Florida.
The time charter on the latter two expires in September, while the John Rickmers is not scheduled to be returned until March 2018.
MSC says it is “actively monitoring the situation” and is “ready ...
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