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MSC gets discount on record-large ships

MSC, Maersk Line's partner in the 2M alliance, will get a discount on the ultra-large container vessels recently ordered by the Swiss company.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

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