Higher interbank rate ramps up finance cost at Chinese state shipowners
Borrowings of major-listed shipping arms of Cosco Shipping and China Merchants have become more expensive, while one analyst expects the shipping industry to sustain more financial stress amid rising Libor.
But strong state support can alleviate the strain of Chinese owners, while rising fuel costs may pose a real threat to shipping recovery
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.