Dubai shipping company Polarcus' banks have wasted no time in taking over its seismic survey vessel fleet after the company defaulted on a bank loan on Tuesday. Polarcus
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Banks take over Polarcus seismic vessel fleet hours after owner defaults
Lenders enforce share pledges to take control of seven survey ships
26 January 2021 10:12 GMT
Updated
26 January 2021 15:51 GMT
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