S&P: More Shipping Companies Likely To Default

Monday, July 12, 1999
Depressed shipping market conditions are likely to cause more shipping companies to default on junk bond issues, according to Standard & Poors (S&P).

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NY/NJ Port Authority Sees Debt Issuance of $1.2 bln in 2016

The Port Authority of New York and New Jersey sees consolidated debt issuance of $1.2 bln in 2016 compared with $1.5 bln this year, according to its $7.9 billion 2016 budget released on Monday.

Opportunities for Growth as Chinese Economy Evolves

The global breakbulk and heavy-lift markets have had to navigate choppy waters in recent years.   Not necessarily due to a shortage of freight, but as a consequence of unsustainably low freight rates.

Panama Canal Wait Times Back to Normal

Waiting times for ships at the Panama Canal have returned to normal after poor weather and a spike in traffic caused delays for several weeks, the waterway's operator said on Monday.

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