Thu, Jan 15
    SeaNews Türkiye - Maritime Intelligence
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    STX mulls sale of European shipping assets

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    STX mulls sale of European shipping assets
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    SEOUL: South Korea's troubled shipbuilding and shipping conglomerate STX Group is considering selling its European assets, including its shipyards in France and Finland, a spokesman said Saturday. The group has seen its major affiliates reel under mounting debt as it was hit by a global downturn in the shipbuilding and shipping sectors. "We are now in the process of rearranging the corporate ...

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