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Source: Seatrade Asia
Jan 9, 2011
STX Pan Ocean to buyout Gulf Pacific Shipping
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Source: Seatrade Asia
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Seoul: South Korea-based STX Pan Ocean is buying out its investment in a joint venture firm by acquiring the remaining 50% stake at a price of $1.5m. STX Pan Ocean (Hong Kong) will fully acquire Gulf Pacific Shipping as it seeks to strengthen bulk affreightment business in the Arabian Gulf and Indian Ocean region.
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Source: Seatrade Asia
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Source: Seatrade Asia
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