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South Korean shipper STX Pan Ocean seeks protection from US creditors
The bulk shipper STX Pan Ocean Co Ltd filed for protection under U.S. bankruptcy law on Thursday to shield its assets from creditors in the United States, less than two weeks after filing for court receivership in South Korea.
Read Full Article: http://www.ajot.com/news/south-korean-shipper-stx-pan-ocean-seeks-protection-from-us-creditors
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