Rickmers Maritime uses cash to navigate choppy waters

Faced with a rapidly rising loan-to-valuation ratio, Rickmers Maritime CFO Quah Ban Huat increased cash by nearly 1,000% until he could renegotiate the terms of the company’s loans.
Quah Ban Huat
Quah Ban Huat
June 01, 2010

The shipping industry has been hammered. 

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