Shares in maritime companies across Asia reacted negatively to the United Kingdom’s decision to leave the European Union (EU).
In Singapore offshore related stocks were amongst the hardest hit in early trading with most shares down between 5% to 8% as the decision emerged in London.
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Shares in Vard were down 5.7% in early trading, while the shares of Ezion, Ezra and Pacific Radiance were down 5.6%,
