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Read all the latest news about IM Skaugen. ShippingWatch gives you independent, credible, critical and fair news.

Lack of financing breaks Norway's Skaugen

Norwegian gas carrier IM Skaugen will probably be liquidated after it failed to settle a refinancing deal with Nordea. Morits Skaugen apologizes in a personal letter to shareholders and bondholders. Read the full affidavit from the Singapore High Court here.

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