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22 July 2014 The on-line newspaper devoted to the world of transports 21:09 GMT+2



SEPTEMBER 4, 1997

LLOYDBRAS LOSSES KEEP ON GROWING

Lloyd Brasileiro, the Brazilian liner company which has been in the process of dying since January 12, 1996, is still generating losses for its owner, the government. It has just been revealed that the company suffered a loss of $80m in 1996, pushing the accumulated deficit to $700m. The fleet is laid up in Guanabara Bay, near Rio de Janeiro, and the few ......
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