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South Korean yard struggling to sell assets

The sale of assets is happening slower than expected at South Korean yard STX. The yard is pressured to sell assets in order to finance itself after receiving assistance from the government earlier this year.

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Multipurpose giant AAL: Industry faces three difficult tasks

The world's fifth-largest multipurpose carrier AAL eyes three major challenges for the sector in the next couple of years. The shipping company increased its presence in Europe before the summer and is now ready to grow more in the region, CEO Kyriacos Panayides tells ShippingWatch.

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