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Firm in landlocked Bavaria revives funding of new ships

About two dozen investors are involved with two new ships of Mr Ruttmann's MST. The company is still seeking new participants, luring them with a 7 per cent return on investment over 20 years.


WITH the shipping world rattled by its biggest-ever bankruptcy and major players seeking safety through mergers, a family-run company from landlocked Bavaria is braving the turbulence by financing fresh vessels.

With two new ships, MST Mineralien Schiffahrt Spedition...

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