shipping

In print this week

At close to 200 years old, this company is seeking young blood

SINGAPORE (July 7): As one of Singapore’s oldest companies, Boustead Singapore has cycled through numerous businesses including commodity trading, tin smelting, shipping and the distribution of consumer goods.

Broker's Calls

Pan United’s loss-making unit is about to be bought out. Why are analysts still worried?

SINGAPORE (Nov 16): Pan United Corporation’s earnings are set to improve after the one-off buyout of its loss-making tugs and barges business by its key shareholders, yet DBS Group Research remains sceptical of the mixed outlook from its other core busi
Hanjin

Troubled Hanjin's fleet shrinks to a tenth of its size

SINGAPORE (Nov 14): Hanjin Shipping Co.’s fleet has shrunk to about a tenth of its size after the South Korean container line returned most of its chartered vessels to owners in the weeks following its bankruptcy filing.

Results

Cosco’s 3Q net loss widens by 25% to $102 mil

SINGAPORE (Nov 11): Cosco Corporation (Singapore) saw 3Q net loss widened 25% to $102.3 million from the net loss of $82.1 million a year ago.

Singapore junk bonds slump as Swissco seeks restructuring

SINGAPORE (Oct 4): Singapore's junk-bond market is suffering its worst rout in at least four years as debt restructurings spread among shipping and oil-and-gas service companies.

Looking to invest in transport? Asia Pacific is your best bet

SINGAPORE (July 8): According to law firm Norton Rose Fulbright’s seventh ‘The way ahead’ transport survey, nearly half of all respondents are looking to Asia Pacific as the key market for investment in the transport sector, with China and India as

Broker's Calls

Uni-Asia Holdings to gain from improving dry bulk sector: NRA Capital

SINGAPORE (July 1): NRA Capital is giving investment company Uni-Asia Holdings a higher fair value of $1.62 with an ‘overweight’ rating on the dry bulk shipping sector.
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