Scandal-ridden carrier made profit in 2012
It has long been doubted whether shipping company Shipcraft would be able to get back on its feet following the protracted hostage situation that lasted two years and involved the crew of the M/V Leopard, which was released this spring. Shipcraft's senior management wrote in the company's annual report for 2011 that there was a real chance that the carrier would go out of business in 2012, saying that "(...) there are signifcant uncertainties regarding the company's ability to keep operating."
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