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Grindrod Shipping Holdings Ltd., a global provider of maritime transportation services predominantly in the drybulk sector, announced its earnings results for the three months ended March 31, 2021, the three months ended June 30, 2021 and the six months ended June 30, 2021. Financial Highlights for the First Quarter of 2021 Ended March 31, 2021(1) ...

Grindrod completes sales of two of its medium-range tankers By Edward West Share CAPE TOWN - GRINDROD Shipping Holdings, the JSE listed logistics group said yesterday that it had completed sales of the 2013-built medium-range tankers Leopard Moon and Leopard Sun. In conjunction with the sales, approximately $24.7 million (R344.4m) debt remaining on the credit facility with NIBC Bank NV was repaid in full. The sales generated $17.9m in net proceeds after debt repayment with a further $2.7m release of restricted cash associated with the loan. Last month’s sale of the 2009-built small tanker...

Sens announcement for GRINDROD SHIPPING HOLDINGS LIMITED – Completion of Tanker Sales and Related Debt RepaymentsTotaling Approximately $54.3 Million - SENS

Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “it” or “we”), a global provider of maritime transportation services predominantly in the drybulk sector, announced the completion of the following transactions and related debt repayments. On April 12, 2021 and April 20, 2021, the Company completed the previously disclosed sales of ...

Grindrod sell three tankers, reduces debt By Edward West Share CAPE TOWN - GRINDROD Shipping Holdings, which provides dry bulk and product tanker shipping services, has sold three tankers, Leopard Moon, Leopard Sun and Breede, a statement said yesterday. The company contracted to sell the 2013-built medium-range tankers Leopard Moon and Leopard Sun for $21.4 million (about R315m) each on March 11, and the vessels were expected to be delivered to their new owners by April 30. The 2009-built small tanker Breede was being sold for $6.8m in a separate deal, and it was expected to be delivered to ...