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Shipping outlook bleak; offshore biz robust: GE Shipping

G Shivakumar, CFO, GE Shipping, says that the outlook does not look very good on the shipping side. Our earnings have been very low in dry bulk. The offshore continued to be quite strong over the last couple of years, especially driven by the price of oil and the kind of developments that is happening offshore.

first published: Feb 11, 2013 12:47 pm

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