Singapore’s Rough Week for Shipping Foreshadows Challenging 2017

  • Rickmers Maritime said Thursday it is asking for debt leniency
  • Firms face record $1.8 billion in bond maturities next year

Hanjin Shipping Faces Chaos at U.S. Docks

It has been a rough week for Singapore’s shipping services industry and the going could get even tougher next year with record debt falling due.

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