GRIN News and Press, Grindrod Shipping Holdings Ltd. From 01/02/23

Summary Due to the continuing global recession, the dry bulk market outlook is not strong. Based on the CCA method, compared to other dry bulk stocks, SBLK stock price has a 10% downside potential. However, recent measures by the Chinese authorities may support the demand for dry bu...

Summary Due to the high inflation rates, COVID-19, and the continuing war in Ukraine, the global recession likely will continue hurting the demand for dry bulk commodities. However, the measures of the Chinese government and central bank should support iron ore demand. In a vulnerab...

SINGAPORE, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Taylor Maritime Investments Limited (LON: TMI / TMIP) (“TMI”), an internally managed investment company specializing in the acquisition and chartering of vessels in the handysize and supramax bulk carrier segments of the global shipping s...

SINGAPORE, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “we” or “us” or “our”), a global provider of maritime transportation services in the dr...

SINGAPORE, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Taylor Maritime Investments Limited (LON: TMI / TMIP) (“TMI”), an internally managed investment company specializing in the acquisition and chartering of vessels in the handysize and supramax bulk carrier segments of the global ship...

Grindrod Shipping press release ( NASDAQ: GRIN ): Q3 Non-GAAP EPS of $1.44 misses by $0.39 . Revenue of $107.2M (-20.7% Y/Y) beats by $0.98M . For further details see: Grindrod Shipping Non-GAAP EPS of $1.44 misses by $0.39, revenue of $107.2M beats by $0...

SINGAPORE, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “we” or “us” or “our”), a global provider of maritime transportation services pre...

SINGAPORE, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company"), a global provider of maritime transportation services predominantly in the drybulk sector, announced it will release earnings results for ...

Summary Due to the economic recession, the demand for iron ore will probably not increase soon. On the other hand, as Europe is sourcing coal from other countries than Russia, the tonne-mile demand is increasing. GRIN is well-positioned to benefit from the current dry bulk mar...

Grindrod Shipping ( NASDAQ: GRIN ) has entered into a transaction implementation agreement with Taylor Maritime Investments (TMI) and its subsidiary Good Falkirk (MI). The agreement provides for a voluntary conditional cash offer to be made by TMI for all of the issued ordin...