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Global shipping under threaten, UN warns

Maritime trade is stronger than it’s been for five years, but “tit-for-tat” tariff battles and restructuring by shipping companies threaten to disrupt its role as a key player in global commerce, the UN said on Wednesday, 10/3/2018.  The warning from UNCTAD, the UN Conference on Trade and Development, follows a “healthy” four ...

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Textainer extends revolving credit facility

Textainer Extends, Reprices, and Increases Revolving Credit Facility to $1.5 Billion Textainer Group Holdings Limited (“Textainer” or the “Company”), one of the world’s largest lessors of intermodal containers, today (10/03/2018) announced that Textainer Limited(“TL”), a wholly-owned subsidiary of the Company, completed an amendment to expand its revolving credit facility from $700 million ...

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