Looking for signs of financial pressure and distress building in the supply chain?
You are in the right place: a few out there are struggling, I hear, but nothing major has happened yet.
Now, maybe you remember this story from ShippingWatch in September last year: “Maersk-owned Svitzer and its partner Crowley Maritime Corporation have decided to sell salvage and marine company Ardent.”
With hindsight, what a great decision that was.
“Ardent has gone bankrupt,” was the …
The post EXCLUSIVE Market Insight: First casualty – ex-AP Møller Mærsk JV goes bust appeared first on The Loadstar.
Source: The Loadstar