Deiulemar Compagnia declared bankrupt
- Thursday 03 May 2012, 16:50
ITALIAN family-owned shipping company Deiulemar Compagnia di Navigazione was today declared bankrupt, amid crippling debt of more than $1bn and during a global slump in dry bulk freight rates.The 40-year-old company, which has a fleet of five bulk carriers comprising capesizes and...
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