Indian owner Great Eastern Shipping is selling its 2005-built MR Jag Padma to an undisclosed buyer, with the vessel estimated at $17.8m by VesselsValue. The company has been refreshing its fleet this year, recently selling another 2005-built tanker and maintaining a diverse fleet comprising crude and product carriers, LPG carriers, and bulkers. Great Eastern continues to focus on fleet rejuvenation through strategic sales and acquisitions.
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China cracks down on Calvin Klein, Tommy Hilfiger parent companies | News
China's MOFCOM added PVH and Illumina to its 'unreliable entity' list for violating market principles and discriminating against Chinese companies, amid escalating US-China trade tensions. PVH faces scrutiny for alleged improper conduct in Xinjiang, impacting its presence in China, while Illumina's inclusion reflects broader geopolitical tensions. The move comes as part of China's response to US sanctions, signaling increased scrutiny of US corporations operating in China. Full Article
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