Avoding Sins, and Pirates  

Oleh:

Cunningham, Susan J.

Jenis: Article from Bulletin/Magazine
Dalam koleksi: Forbes Asia vol. 5 no. 9 (May 2009), page 18-20.
Topik: Shipping Company; Thailand; Precious Shipping; Economic Crisis; Recession; Bankruptcy

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Perpustakaan Pusat (Semanggi) Nomor Panggil: FF5.1 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Thailand's Precious Shipping has sailed through the economic crisis while rivals have capsized. Credit the Hashim brothers' cautious management. As the global recession chokes off trade finance and slashes the volume of exports and imports, at least 11 big shipping lines have failed for protection form their creditors since October. But Thailand's Precious Shipping has been riding out the storm. That's made Managing Director Khalid Hashim one of the go-to-guys when shipping reported seek analysis. He refers them to his "seven cardinal sins." Doomed shipowners have committed all or most of them. Not paying off loans early and failing to sell any ships in past four years are two of them. then there's speculating that freight rates would remain high long enough to make a killing.

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