Marine Link
Thursday, October 27, 2016

S&P Lowers Pacific & Atlantic Rating

September 10, 1999

Standard & Poor's yesterday lowered its long-term corporate credit ratings on Pacific & Atlantic Holdings Inc. to double-'C' from triple-'C'-plus. The downgrades reportedly reflect Pacific & Atlantic's worsening financial profile, as it continues to suffer from very poor market conditions in the dry bulk shipping and container markets.

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News