Friday, March 25, 2011

ST Eng

ST Eng: Marine unit has received 2nd notice of termination from Louis Dreyfus Armateurs (LDA) to reiterate termination and demand refund of $129.0m plus interest...

ST Marine has in turn issued a letter to LDA stating that its contract termination is a breach and that ST Marine is terminating the contract on the basis of LDA's breach.

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