Subsea 7 had made a $2bn hostile bid
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Aegean says consulting agreement with founder Dimitris Melisanidis “has been terminated by the mutual consent of both parties”
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Product carrier specialist seeks to improve its financial flexibility while waiting for a market recovery
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Transpacific trade equivalent to nearly 5m teu could be subjected to higher tariffs each year if a trade war ensues
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Company emphasises that investment will focus on growing long-term recurring income base
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