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03 December 2008 The on-line newspaper devoted to the world of transports 07:11 GMT+1



June 17, 2003

Azov Shipping Co to be Liquidated

The Leasing Council of Azov Shipping Co has started the liquidation process in respect of the shipping company. The reason officially cited is the refusal of Ukrainian State property fund to prolong the term of lease of the company's fleet (35 units accounting for over 40% of the Ukraine's aggregate tonnage). The contract expires in June 2003 ......
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