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You are here: Home → Archive → 2009 → August → Weekly Edition 27th of August 2009 → Surge in lay-ups causes a shift in risk landscape

Surge in lay-ups causes a shift in risk landscape

by SANDRA SPEARES — last modified Aug 27, 2009 04:59 PM

Owners are faced with numerous decisions when deciding to lay up their vessels, writes SANDRA SPEARES

THOSE outside the shipping industry might assume that mothballing an asset is relative
However, according to Mike Burns, a partner at law firm Weightmans, this is far from being the case.
The avalanche of layups recently has seen a...

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