With the exception of only a few (Hanjin Shipping) banks and owners resist the most protracted recession in history. Unlike the hostile strategies devised in the 1980s by banks, the industry today has excellent options to utilize. Mergers, Acquistion, Restructuring. But mostly off-balance sheet alternatives, Non-recourse Financing and Special Purpose Companies to use wisely.

It’s not quite sure it’d work for everyone around, but if there is a single chance for a player to survive by also giving an opportunity to others to go along then why not?