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Wednesday, November 23, 2011

MISC to Exit Container Shipping After $789 Million in Losses

MISC to Exit Container Shipping After $789 Million in Losses By Barry Porter Nov. 24 (Bloomberg) -- MISC Bhd., Asia's largest shipping line by market value, said it will stop operating container vessels after the unit lost $789 million in three years. The move will result in a one-off $400 million charge this ... MISC to Exit Container Shipping After $789 Million in Losses

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