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Al Sharqi Shipping is a leader in the logistics industry with more than 30 years of experience in guiding and moving freight across the globe.
What is Liquidation in shipping?
Liquidation in shipping refers to the process of converting assets, such as cargo or vessels, into cash. This process is typically initiated when a shipping company or an individual needs to sell off assets to pay off debts or liquidate investments. The liquidation process involves finding buyers for the assets and negotiating the sale price.
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