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03 August 2020 The on-line newspaper devoted to the world of transports 17:37 GMT+2

July 2, 2014

U.S. judge clears way for Genco Shipping to exit bankruptcy - UPDATE 1

By Nick Brown

NEW YORK, Del, July 2 (Reuters) - A U.S. bankruptcy judge said he will confirm Genco Shipping & Trading's plan to exit bankruptcy under the control of its senior creditors, rejecting arguments by shareholders that the proposal undervalues the dry bulk shipper's assets ......
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