Daily Briefing 4 July 2017
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Infrastructure fund to take 90% stake in Global Gateway South acquired by French line when it bought NOL
But the delay is not significant and an announcement will follow in a few days, says K Line spokesman
New chief executive starts work as Rafi Danieli steps down
No sale unless high cash premium offered, but analysts say it could be too expensive for Cosco Shipping to acquire OOIL just for fleet expansion.
Proceeds to be used for the early redemption of existing bonds
Shipping and media mogul’s diverse interests included Athenian fleet of six modern VLCCs
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