South & Central Asia – Page 145

AVIC Maritime to Sell Stake in Its Subsidiary

60% shareholding in AVIC Zhenjiang Shipyard Marine will be sold.

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Pacific Basin signs a service agreement with MAN Energy Solutions for 111 bulkers.

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Seaspan Corporation received USD 1 billion in loans to repay 12 secured credit facilities.

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The new company will operate from three branch offices.

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Epic Gas has appointed a new Chairman as it narrowed its loss in the first quarter of the year.

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