I wonder how many cruise lines will be seeking aid from Panama and Liberia.
When it comes to borrowing money you get it where you can.
I wouldn't be surprised if our country loaned some money to certain Lines. (Loans have to be paid back)
And bankruptcies can be sought in different countries than the ships are flagged or operate from, depending if the bankruptcy laws are favorble.
Some countries don't have bankruptcy laws; and the Bankruptcy Laws vary from country to country.-Tom
posterchild wrote: “I wonder how many cruise lines will be seeking aid from Panama and Liberia.”
Why does that matter?