During the 1HFY2022, the REIT reported net property income (NPI) of $105.3 million, up 0.4% y-o-y.Net income for the half-year period increased by 2.6% y-o-y to $80.1 million.The REIT also reported a total return after taxes and before distribution of $112.0 million, up 60.6% y-o-y mainly due to the...

The ongoing shipping boom has helped Pan Ocean report earnings of US$480.1 million for the FY2021 ended Dec 31 2021, up 512.5% over FY2020. Revenue for FY2021 was US$4.04 billion, up 90.7% over FY2020.According to the company, the dry bulk market in 2021 did well because of the higher tempo of econo...

HARIM Holdings' exit offer for bulk shipping company Pan Ocean has turned unconditional after the latter's shareholders approved its voluntary delisting from the Singapore Exchange (SGX).

THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 21):

MAINBOARD-LISTED shipping company Pan Ocean Co has entered into a time charter contract for two liquefied natural gas (LNG) carriers with Shell Tankers (Singapore), the firm said in a bourse filing on Wednesday.

BULK shipping company Pan Ocean and its South Korean parent company Harim Holdings Co on Monday morning proposed seeking a voluntary delisting of the former's issued ordinary shares in the capital of the company from the official list of the Singapore Exchange.

BULK shipping company Pan Ocean and its South Korean parent company Harim Holdings Co on Monday morning proposed to seek a voluntary delisting of the former's issued ordinary shares in the capital of the company from the official list of the Singapore Exchange.

Pan Ocean Co has entered into a time charter contract for a liquified natural gas (LNG) bunkering vessel with Shell NA LNG on April 9 for estimated total sales of approximately US$55 million ($73.63 million). The contract will start from May 2023 and includes two extension options. The total du...

MAINBOARD-LISTED shipping company Pan Ocean Co entered into a time charter contract on April 9 for a liquefied natural gas (LNG) bunkering vessel with Shell NA LNG, the firm said in a bourse filing on Monday.

Pan Ocean, a Seoul-based shipping company, has clinched a time charter contract for one liquefied natural gas carrier worth US$115 million ($152.5 million). The contract, which was signed with Galp Energia, E&P, will commence in February 2023 for a duration of five years.AdChoicesADVERTISING Gal...