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JP Morgan expands shipping bet with fresh tanker and gas carrier orders at Samsung
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JP Morgan expands shipping bet with fresh tanker and gas carrier orders at Samsung
JP Morgan is being linked to another major round of shipbuilding contracts in South Korea, with market sources indicating that affiliates of the US banking giant have signed deals for five new vessels worth more than $660m. The latest orders involve tanker and gas carrier newbuildings at Samsung Heavy Industries and continue an aggressive expansion …
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