Alphabulk: Credit rating is like financial archeology
How valuable are the analyses from the major credit rating bureaus which the maritime sector uses for risk management and for evaluating third-party risks? Alphabulk has delved into a concrete example and presents an answer to the question.
As the downturn in not least the dry bulk sector has hit a growing number of carriers in recent years, risk management – namely, how to avoid losses when interacting with customers or suppliers – has been pushed to the top of the agenda.
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