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Rickmers Maritime's Q4 loss lower; auditor makes disclaimer

Friday, February 17, 2017 - 05:50

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Container shipping-focused Rickmers Maritime posted a fourth-quarter net loss of US$48.44 million mainly on a non-cash impairment for a vessel that was sold to raise cash to pare debt and fund operations, after noteholders voted against a debt restructuring plan tabled by the shipping trust.

Singapore

CONTAINER shipping-focused Rickmers Maritime posted a fourth-quarter net loss of US$48.44 million mainly on a non-cash impairment for a vessel that was sold to raise cash to pare debt and fund operations, after noteholders voted against a debt restructuring plan tabled by the

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