Independent journal on economy and transport policy
08:36 GMT+2
S&P: S-E Asia shipping firms credit quality weak
(The Star Online)
January 24, 2000
THE credit quality of the 10 biggest listed shipping lines in Southeast Asia is generally weak to vulnerable and this situation is unlikely to change in the near-term, according to Standard & Poor's shipping analyst Ee-Lin Tan.
"Earnings vulnerability and aggressive capital structures, characterised by modest and volatile cash flows and high debt ...... Read more on The Star Online
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