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Greek dry bulk ship owner Diana Shipping has reached an agreement to reduce the contract price and change the delivery date for two Newcastlemax dry bulk carriers currently under construction in China....

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The issuer rating and senior unsecured rating of Danish shipping and oil giant A.P. Møller-Mærsk A/S have been downgraded to Baa2 from Baa1, according to Moody’s ratings agency. Moody’s also downgraded Maersk’s...

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