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Owner of Abandoned Tanker in Liberia Emerges

A Nigerian national, identified as Robert M. Saigba, has claimed ownership of the mysterious crewless ship Tamaya 1 that washed ashore on Liberian coast on May 3, Agence Africaine de Presse (APA) writes...

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Pan Ocean’s Q1 Earnings Down 40 Pct

Freshly restructured South Korean dry bulk shipping company Pan Ocean posted an almost 40 percent drop in earnings for the first quarter of this year amid tonnage oversupply coupled with...

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