CMA CGM lagging behind on payments
Rajesh Joshi - Wednesday 9 December 2009
GLOBAL Ship Lease has confirmed “increasing delays” in charterhire payments from CMA CGM, and raised doubts over the troubled French company’s ability to keep up with these payments.
GSL has also warned against the possibility that CMA Ships, which serves as GSL’s ship manager, and the rump CMA CGM have “conflicts of ...
That's all I've got. The rest is for paid subscribers, which I am not.
I presume the last sentence reads "conflicts of interest", which I have mentioned all along.
And from Fairplay
GLOBAL Ship Lease confirmed in a filing today that it faces pressures on multiple fronts, including delayed payments from charterer CMA CGM.
All of GSL’s fleet is on hire to CMA CGM, which is exploring restructuring.
Again, the rest is subscription.
It refers to a filing, so maybe there is something with the SEC.