Post a Reply
From: John Dunlap
Remote Name: 18.104.22.168
Time: 02:54:04 PM
Seems to me that the O/N fleet sale, and the sale of the Company as well, were the result of a buying binge that saddled the Company with more debt than it could handle. As a result the company is gone. If my underatanding of the reason for O/N's sale is wrong, please correct me.
Return to the Great Lakes & Seaway Shipping home page
Copyright © Boatnerd.com All Rights Reserved.
This material may not be published, broadcast, rewritten or redistributed.