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Where there is no law, but every man does what is right in his own eyes, there is the least of real liberty
Henry M. Robert

Audit in Preparation for Impounded Black Sea Steamships Vessels

13 November, 2012 - 00:00

In the immediate future the liabilities of fifteen vessels of the Black Sea Steamships Line impounded in various foreign ports will be audited, announced Deputy Transport Minister Volodymyr Severiukov, who added that the artificially inflated debts of the vessels ($123 million) may be reduced after the audit by 40%. According to Ukrainian News, the line had 129 vessels at the beginning of this year.

 

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