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12 December 2019 The on-line newspaper devoted to the world of transports 03:38 GMT+1

December 3, 2001

Shippers jittery over exposure to Enron

Energy giant poised to drag down houses

Shipping's worldwide exposure to the collapsing energy giant Enron is about $100 million and many companies could be pushed to the brink of bankruptcy, Enron shipping director Pierre Aury said last week.

"Many shipping companies will go bust because we can't fulfil our obligations,'' Mr Aury told Reuters, who ......
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