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"\nShipping firms may see more charter and corporate defaults because of a tougher operating environment, says the head of a leading local dry cargo shipping firm. \n\nNg Siu-fai, chairman of Jinhui Holdings, however said there should also be 'interesting opportunities' to acquire shipping assets that are expected to be put up for sale amid the adverse climate. \n\nIn 2010, Jinhui Shipping and Transportation, the firm's Oslo-listed unit, took legal action, including launching arbitration proceedings, against m..."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.scmp.com/article/995641/shipper-sees-charter-and-corporate-defaults-ahead>