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Seadrill company decides not to make interest rate payment

John Fredriksen's struggling rig operator Seadrill cancels an interest rate payment on a loan through company Seadrill New Finance. The company is working on a comprehensive restructuring plan, which could go through court.

Photo: Seadrill Partners

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Molslinjen appoints Niels Smedegaard as board chair

The sale of Danish ferry company Molslinjen to equity fund EQT Infrastructure closed today, Tuesday, March 2. As part of the transition of ownership, the company elects a new board of directors, chaired by Niels Smedegaard.

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