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Media: Bankrupt STX yard to be liquidated

Chinese shipping yard STX Dalian has apparently been unsuccessful in completing a reorganization, and has now begun a liquidation of the company.

Photo: Hempel

BY DANIEL LOGAN BERG-MUNCH

STX Dalian, the bankrupt subsidiary of South Korean STX Corporation, has not been able to complete the planned reorganization, which has launched in June 2014.

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