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Germany's top banks increase efforts to offload shipping loans

While the German banking sector has up to USD 100 billion in shipping debt, several German banks are embracing new approaches in order to offload non-performing shipping debt, writes Reuters.

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Trafigura CEO: Continued oversupply on the oil market

2017 has been a year characterized by continued oversupply on the market for oil and oil products, says Trafigura's CEO in relation to the commodity trader's annual report. But the situation already looks brighter starting next year.

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