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Newbuilding market on “Holiday” mode

The newbuilding ordering part of the shipping market has slowed down over the past few days, as the Holiday season nears. In its latest weekly report, shipbroker Allied Shipbroking noted...

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Germany Business Confidence Weakens In December

Germany’s business confidence weakened in December, reports said citing survey results from Ifo institute. The business sentiment index fell to 117.2 in December. Economists had forecast the indicator to rise...

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