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MPC Oceanic strikes deal for 41% of Marlow Navigation

Original · Freight Digest · Shipping · 2h ago
Hamburg-listed MPC Oceanic Group has agreed to acquire a 41% stake in Cyprus-based shipmanager Marlow Navigation in a deal that will also see Marlow's existing shareholders take a holding in the German maritime investment and services group. The transaction, announced on Wednesday, builds on a relationship spanning more than a decade between the two companies…
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