Six out of the top 10 carriers have now sought state aid since the start of the coronavirus pandemic

Capt. John

News yesterday that Pacific International Lines (PIL) is seeking a de facto state bailout has brought into sharp focus the financial viability of the industry as a whole, having made paltry profits for a decade and now faced with a historic drop in demand thanks to Covid-19. Singapore-based PIL...

https://splash247.com/six-out-of-the-top-10-carriers-have-now-sought-state-aid-since-the-start-of-the-coronavirus-pandemic/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon