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Uni-Asia Group Ltd. ( (SG:CHJ) ) has provided an announcement.
Uni-Asia Group Ltd. has provided an update on the M/V Glengyle incident, a bulk carrier owned by its subsidiary, Mable Bulkship S.A. Following the separation from KMTC Surabaya and subsequent operations, Glengyle was towed to Saigon Hiệp Phước Port, where cargo discharging was completed. A Settlement Agreement was reached with the People’s Committee of Ho Chi Minh City for compensation related to an oil spill in the Long Tau River Area, with payments to be made by Glengyle’s insurer. The vessel will be moved to Vung Tau anchorage for further repairs, and investigations into the incident are ongoing.
More about Uni-Asia Group Ltd.
Uni-Asia Group Ltd. is a company incorporated in Singapore, operating in the shipping industry. It owns and manages a fleet of vessels, focusing on bulk carriers through its subsidiary, Uni-Asia Shipping Limited.
Average Trading Volume: 43,808
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$68.38M
Find detailed analytics on CHJ stock on TipRanks’ Stock Analysis page.