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Jade Shipmanagement folds

Some 10 months after it was established Hong Kong’s newest shipmanager Jade Shipmanagement is no longer. Sources in the Special Administrative Region confirm that the December 2012 founded company has folded.

Headed by Indian national J M Cordeiro, formerly with giant Bernhard Schulte, the company had no ships on its books when interviewed by our sister company Maritime CEO in March this year. Its membership at the Hong Kong Shipowners Association also appears to have lapsed.  
Source: Sino Ship News
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