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    Red flag raised for heavily indebted Yang Ming

    SeaNews
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    Red flag raised for heavily indebted Yang Ming
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    TAIWAN's container liner Yang Ming is in the greatest financial danger following the bankruptcy of Hanjin Shipping, according to Drewry Financial Research Services (DFRS), adding that the line has the industry's most leveraged balance sheet, with a net gearing of a massive 437 per cent at the end of the third quarter.

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