A Dutch shipping venture partly owned by Fyffes has filed for bankruptcy, forcing the Irish fruit importer to take a €7 million loss on its investment.
The move followed the collapse of Dutch shipping firm Europe West Indies Lines (EWL), a Rotterdam-based shipping business, which Fyffes had teamed up with last year to run a trans-Atlantic shipping service bringing Fyffes fruit to Europe.
The venture ran into difficulty shortly after its launch, when the ship...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team