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Uni-Asia Group Updates on M/V Glengyle Incident

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Uni-Asia Group Updates on M/V Glengyle Incident

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An announcement from Uni-Asia Group Ltd. ( (SG:CHJ) ) is now available.

Uni-Asia Group Ltd. has provided an update on the incident involving its bulk carrier, M/V Glengyle, which was involved in a collision with the container ship KMTC Surabaya. The vessels have been successfully separated, and Glengyle remains stable with no injuries reported among the crew. Cargo transfer operations are ongoing, and no further damage has been detected. The company is working with authorities on salvage operations, prioritizing safety and environmental protection, while investigations into the incident’s cause continue.

More about Uni-Asia Group Ltd.

Uni-Asia Group Ltd., incorporated in Singapore, operates in the shipping industry with a focus on owning and managing bulk carriers through its subsidiaries.

Average Trading Volume: 49,089

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$61.7M

For an in-depth examination of CHJ stock, go to TipRanks’ Stock Analysis page.

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