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NAT to Finance Fleet Expansion by Selling Shares

Bermuda-based tanker owner Nordic American Tankers Limited (NAT) has launched an underwritten public offering in an effort to finance the expansion of its fleet. Namely, the company is offering up to 11 million...

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Growth predictions for China upgraded

Financial institutions, including UK’s Standard Chartered Bank, Commerzbank of Germany, and Hang Seng Bank of Hong Kong, raised expectations for China’s economic growth in their reports released in September. According...

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