Independent journal on economy and transport policy
02:37 GMT+1
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Prosegue the attempt of STX Corporation to yield own participation in STX Pan Ocean
last june the shipowning company is in controlled administration
October 7, 2013
is continuing the attempt of South Korean STX Corporation to sell own participation in the company of navigation STX Pan Ocean that, after the cessions of actions carried out some days before, is come down to approximately the 30% of the entire capital stock. The same STX Pan Ocean has announced today remembering that last june the judges of the district court of Seul have granted to the shipowning company to approach the procedure of controlled administration after the negotiations for an acquisition of quotas the STX Pan Ocean from the Korea Development Bank( of the 7 were failed june 2013).
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