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Vard's Q2 earnings take a dive

Thursday, July 23, 2015 - 05:50

Singapore

SHIPBUILDER Vard Holdings has started to cut jobs after activity at its shipyards fell due to the crude oil slump, and it expects the drop in yard utilisation to get worse for the rest of 2015 and 2016.

Vard said in a Singapore Exchange filing in the early hours of

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