Country becomes the 12th country to ratify the IMO convention which still lacks sufficient support
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David Sokol-led boxship owner will use proceeds from ‘first of its kind financing’ to repay 12 secured credit facilities.
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Perhaps rather ominously, the ship recycling activity has gradually slowed down to a near halt over the course of the past few days. This development couldn’t have come at a worst time, given that the freight markets could use a little jolt, thro…
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