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Maroc Maroc - CYPRUSSHIPPINGNEWS.COM - A La Une - 17/Jun 06:38

Russian client unilaterally scratches off big order to Samsung Heavy Industries

Samsung Heavy Industries has been hit by sanctions against Russia following the Russia-Ukraine war. The company’s order worth 4.85 trillion won (approximately $3.7 billion) from a Russian client before the war broke out was blocked by sanctions and the Russian client abruptly called off the contract. “The Russian client unilaterally claimed that the contract was […]

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