Swiber Holdings signs agreement with Seaspan
New York-listed box ship player will invest up to US$200m in marine engineering group; development is seen as a "significant step forward" in latter's restructuring
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Singapore
SWIBER Holdings announced on Saturday that New York-listed box ship player Seaspan Corporation will be investing up to US$200 million in the marine engineering group, in what it says is a "significant step forward" in its restructuring.
This shot in the arm for Swiber comes after over two years in judicial management.
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