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Diversified tanker owner says no to equity dilution, at least for now
Deal to acquire 16 vessels through shares and debt positions the Greece-based owner closer to the number one ranking in deadweight terms for publicly-listed dry bulk companies
The disposal of LBCT, even if it materialises, will not change the purchase price for OOIL
Work in the fields of port economics, and the risks of terrorism in shipping, were recognised this year
The giant machines that pick up and empty fully-loaded rail cars of iron ore caused a setback for the miner in the January quarter
Both are dry bulk vessels and expected to generate about $16m in gross revenue
Ship Finance also intends to grant the underwriters an option to purchase additional notes of up to $22.5m
The temporary measure to seize a fee coincides with concerns the Chinese may impose a tariff on US soyabean imports
The US Treasury imposed sanctions earlier this month in response to alleged election meddling and what it calls “malign activity”
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