TSS bought a 17.89% stake in Phoenix from state giant Sinotrans & CSC Holdings in 2015
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TSS bought a 17.89% stake in Phoenix from state giant Sinotrans & CSC Holdings in 2015
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Disposals should be seen in context of strategy to phase out older tonnage and repurchase stock ‘at a discount’
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Shipowners are less exposed to sanctions if they are not dealing with PDVSA directly, but there can be operational and…
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