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South Korean shipbuilder Samsung Heavy Industries (SHI) could see its self-rescue plan finalized as the company’s creditor state-run Korea Development Bank (KDB) is set to wrap up SHI’s plan during...

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Moody’s rating agency has upgraded the ratings outlook for Bermuda-based shipping company Teekay Corporation from under review to stable. The ratings agency also confirmed the ratings of Teekay Corporation’s Corporate Family Rating (“CFR”) at...

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