Songa Container eyes risk of fiscal woes among charterers

Feeder shipping company Songa Container sees increased risk of the corona crisis resulting in economic problems among its charterer clientele. The carrier's owners have just injected millions of dollars into the company, but even more capital might be necessary.
Songa Container. | Photo: PR-FOTO
Songa Container. | Photo: PR-FOTO

Norwegian feeder shipping company Songa Container foresees risk of its charterers getting into economic problems because of the coronavirus pandemic, writes Songa, whose owners include domestic shipping profiles such as Arne Blystad and the Klaveness family, in its first quarter interim report.

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