Independent journal on economy and transport policy
08:14 GMT+2
Credit Suisse, Chinese banks seize vessels of troubled Dongfang
(Reuters)
June 11, 2012
By Randy Fabi
SINGAPORE, June 11 - Credit Suisse and a group of Chinese banks have seized seven of Dongfang Shipbuilding's tankers due to outstanding debts of around $250 million after the Singapore Supreme Court ruled in favour of the creditors, a minority shareholder said ...... Read more on Reuters
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