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LLOYDBRAS LOSSES KEEP ON GROWING
Lloyd Brasileiro, the Brazilian liner company which has been in
the process of dying since January 12, 1996, is still generating
losses for its owner, the government. It has just been revealed
that the company suffered a loss of $80m in 1996, pushing the
accumulated deficit to $700m. The fleet is laid up in Guanabara
Bay, near Rio de Janeiro, and the few
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