pd ports outlook bleak, page-2

http://www.ifw-net.com/freightpubs/ifw/indexarticle.htm?artid=20017659889

I think it's fair to say PD Ports is virtually impossible to sell in the current environment.
We have to hope for a 100% sale of DBCT soon as the situation at PD Ports and Euroports looks to be deteriorating with every passing week. The recession is starting to really bite hard. I will phone BBI on Monday and question them on the ICR position at PD Ports and Euroports. I worry that the debt covenants on both assets may be sailing close to the wind especially if the volumes have dropped significantly since the last BBI update.
When I telephoned and asked about how conditions precedent were going in relation to the sale of Euroports, BBI IR would only say an announcement would made as soon as possible after June 30.