Subscribe to RSS feedChanged times bring new approach to shipping repossession advice
by
Steve Matthews, London
—
last modified
May 17, 2010 10:20 AM
THERE has been a lot of talk about potential repossession of ships by lenders due to financial problems during the downturn.
So far there have been relatively few instances where this has happened, but there is still an expectation that numbers will increase when banks take a tougher line as lower valuations are factored into financial projections.
Denholm Group company Fairwind...
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