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Another bulk carrier hits financial dire straits

Dry bulk carrier Global Maritime Investments Cyprus has succumbed to the crisis and has filed for receivership in New York.

Photo: Rotterdam Havn

Yet another dry bulk carrier finds itself in financial dire straits following the deep crisis in the sector.

Dry bulk carrier Global Maritime Investments Cyprus, based in London, has filed for receivership in New York, under the US Chapter 11, where the carrier has been sued.

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