Independent journal on economy and transport policy
08:39 GMT+2
DISMAL SITUATION FOR UKRAINIAN SHIPS
(Cargoweb)
October 23, 1997
After two years, 4 ships of the Black Sea Shipping Company (Blasco) are still tied up alongside at the port of Rotterdam, with a further vessel in the Dutch port of Vlissingen.
Blasco is still unable to raise the funds needed to pay off its debts. One of the vessels has in the meantime been auctioned by the Port of Rotterdam Authority.
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