Liebherr STS cranes on the way to Maher Terminals
NewsThree megamax cranes have been shipped in partly-assembled mode from Cobh (near Cork), for Maher Terminals in Elizabeth, NJ
Maher on the block again
An article in the Wall Street Journal has made reference to Deutsche Bank again looking for a buyer for Maher Terminals and booking another heavy loss on its book value.
In 2012, Deutsche Bank moved Maher Terminals from RREEF to a new “non-core operations unit” (NCOU), which it describes as a group of assets that are “non-core to the bank’s strategy going forward” – in other words a banking euphemism for poorly performing assets.
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This complete item is approximately 200 words in length, and appeared in the June 2014 issue of WorldCargo News, on page 8. To access this issue download the PDF here.
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