SeaIntel: Container carriers should make billion-dollar impairments

Japanese NYK's remarkable USD one billion impairment on the value of its container vessels is a huge wake up call for all creditors in the container sector, says analyst Lars Jensen.
Photo: PR-foto: G. Assner
Photo: PR-foto: G. Assner
BY OLE ANDERSEN

The massive USD one billion impairment carried out by Japanese shipping group NYK on its container ships alone has cast doubts on whether other container players are making the necessary adjustments to their fleet values.

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