Arrested ships cause headaches for ports
Oneunfortunate effect of the downturn is that there are more ships beingarrested in ports as vessel operators become insolvent and differentparties – from marine suppliers to ship financiers – look to secureclaims against debtors assets.
Oneunfortunate effect of the downturn is that there are more ships beingarrested in ports as vessel operators become insolvent and differentparties - from marine suppliers to ship financiers - look to secureclaims against debtors assets.