RLPC: Banks extend lifelines to shipping sector

Posted on May 11, 2012 at 09:43 AM EDT

NEW YORK, May 11 (Reuters) - Fending off the distressed investors currently circling the sector, bank lenders continue to extend lifelines to several shipping companies trying to weather an industry-wide downturn.

Related Stocks:

Excel Maritime Carriers Ltd. Genco Shipping & Trading Ltd.

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