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CMES Receives Scrapping Subsidy from China

Shanghai-based shipping company China Merchants Energy Shipping Co., Ltd (CMES) has received a financial package as part of the Chinese government’s scrapping subsidy program, the company said in a Shanghai...

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Grieg Star Wraps Up USD 400 Mn Refinancing

Norway-based shipping company Grieg Star has completed a USD 400 million senior debt refinancing involving extended maturities for the financing of 23 vessels in the fleet. Loans with original expiry...

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