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Swissco contagion in O&M sector contained for now

But analysts warn of more casualties if balance sheets and business fundamentals are not restructured in time


THE beleaguered offshore and marine (O&M) sector has claimed another casualty, with Swissco Holdings set to apply for judicial management. But the contagion from a Swissco judicial management may be less widespread compared with Swiber Holdings' fallout, though industry...

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