Ceva top creditor as shoe company goes bust, hit by e-commerce boom
The bankruptcy of a shoe company in the US has revealed an interesting snapshot of ...
ING Bank has withdrawn its funding from Dutch shipowner and multipurpose/feeder operator Flinter, causing a financial leak liable to sink it.
Ranked among the top 10 Dutch shipping firms, Flinter was caught off-guard by the bank’s decision. As a result, the carrier says it has no other option but to file for suspension of payments on nine of its vessels.
“Despite all emotions, we will continue to act professionally and transparently to all parties. After eight years of fighting hard it is sad that our journey ends here,” the company said.
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Alex Lennane
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Alessandro Pasetti
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