FMG 5.53% $20.14 fortescue ltd

shipping contracts update, page-17

  1. 42 Posts.
    Hi Buddy...

    To the shipowner it doesnt matter who or what forces the changes. The shipowner has a contract with FMG - not the chinese - end of story. Force Majeur cannot be declared due to market forces. If this was the case we could all get out of our mortgages if we get into negative equity.

 
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