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Hedge funds hunt for shipping debt in new market push

(Corrects Feb. 20 story to remove incorrect reference to sale of loans by Varde and Oakhill) By Jonathan Saul and Maiya Keidan LONDON (Reuters) – A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking... More »

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Shipping’s financiers turning the tide on shipbreaking practices

LONDON (Reuters) – The shipping industry has long been criticized by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting the sea and sand. Now, it is being called to account from a quarter that may have a bit more clo... More »

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Hedge funds hook shipping stocks grappling for recovery

LONDON (Reuters) – Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry. Hedge funds made initial forays into shipping stocks in the third quarte... More »