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Seadrill's rescue plan squeezes shareholders

18 months of rescue attempts have resulted in a restructuring plan for the drilling company Seadrill, which applied for Chapter 11 in the US Tuesday. Existing shareholders will be squeezed, note several analysts.

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Norden raises profit guidance for 2017

Carrier Norden is now confident that it will deliver a double-digit million dollar profit for 2017, says the carrier. "This is a significant shift," CEO Jan Rindbo tells ShippingWatch.

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