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The shipbuilding group STX France has offloaded its Lorient shipyard to a naval consortium.
The shipyard, which has produced civil and naval vessels, will be purchased by Kership,
Dubai-based ports operator DP World launched a seven-year $1.2 billion sukuk issue on Tuesday, a document from lead managers showed.
The issue, structured to
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday as demand for larger vessel segments declined.