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US Shipping Partners shares plunge after 1Q loss
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Forbes.com
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May 13, 2008
Shares of U.S. Shipping Partners LP lost more than a quarter of their value Friday, after the petroleum and chemical shipper said it swung to a first-quarter loss, hurt by slipping charter rates and longer idle periods due to waning demand. The Edison, N.J.-based company posted a loss of $5.7 millio...
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