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UAE's Gulf Navigation reaches deal with DVB, BNP Paribas and DNB

Gulf Navigation Holding, GulfNav, has announced that it has reached a full and final settlement with DVB Bank SE, BNP Paribas, and DNB Bank ASA.  The settlement relates to VLCCs sold in 2014 financed by the VLCC syndicates. The settlement is part of a continuing process undertaken by the new…

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