Primorsk To Sell Tanker Fleet To Russian Firm For $215M

By Vince Sullivan (July 5, 2016, 7:37 PM EDT) -- Cyprus-based shipping firm Primorsk International Shipping Ltd. will ask on Thursday for court approval of the sale of its nine-ship tanker fleet to the largest shipping company in Russia for $215 million, completing the transfer of all its assets in a Chapter 11 auction....

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