A revised accounting standard has made debt increase significantly and become more outwardly visible at the world's nine largest container lines, reveals an evaluation by analyst firm Alphaliner.
The so-called IFRS 16 accounting standard, which entered force at the turn of the year, has had a large impact on shipping companies' debt in connection with the publishing of financial reports for the first quarter.
Get full access for you and your coworkers.Start a free company trial today
Already a member? Log in.