GRIN News and Press, Grindrod Shipping Holdings Ltd. From 08/30/21

Gainers: China Recycling Energy (NASDAQ:CREG) +19%. Lightning eMotors (NYSE:ZEV) +17%. Grindrod Shipping (NASDAQ:GRIN) +12%. SG Blocks (NASDAQ:SGBX) +10%. Manitex International (NASDAQ:MNTX) +11%. Losers: Astra Space (NASDAQ:ASTR) -16%. Navios Maritime (NYSE:NM) -9%. Sharps Complian...

Recent F-3 filing should be positive for trading liquidity. Previously, two large shareholders had not been allowed to sell shares in US and the F-3 filing will facilitate sales of 8.09 million existing shares in US. Timing is uncertain, but trading will likely migrate to US over time. GRIN al...

Adjusting for IFRS 16 adoption, we calculate that adjusted 1H2021 EBITDA was $55.2 million, or more than double adjusted 1H2020 EBITDA of $22.1 million. The 2Q021 earnings call and early August web cast reinforced our positive stance on GRIN and the dry bulk market. Moving 2021 EBITDA estimate...

Grindrod Shipping Holdings Ltd. (GRIN) Q2 2021 Earnings Conference Call August 19, 2021 08:00 ET Company Participants Martyn Wade - Chief Executive Officer Stephen Griffiths - Chief Financial Officer Conference Call Participants Randy Giveans - Jefferies Poe Fratt - Noble Capital Markets J Mi...

The following slide deck was published by Grindrod Shipping Holdings Ltd. in conjunction with their 2021 Q1 earnings call. For further details see: Grindrod Shipping Holdings Ltd. 2021 Q1 - Results - Earnings Call Presentation

1H2021 Results Above Expectations. Reported adjusted 1H2021 EBITDA of $62.5 million was a sharp improvement over 1H2020 EBITDA of $29.8 million on strong dry bulk TCE rate performance. Adjusting for IFRS 16 adoption, we calculate that adjusted EBITDA was $55.2 million in 1H2021, or more than d...

Grindrod Shipping (NASDAQ:GRIN): Q1 GAAP EPS of $0.12. Revenue of $71.8M Press Release For further details see: Grindrod Shipping reports Q1 results

SINGAPORE, Aug. 18, 2021 (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...

Grindrod Shipping Holdings (NASDAQ:GRIN) is due to report earnings after the close.  Tell us how you think the company will and we'll share the survey results with the community. Fill out the survey here. For further details see: Will Grindrod Shipping Holdings earnings deliver an ...

The Baltic Dry Index (NYSEARCA:BDRY) is rising for a seventh straight session to its highest in more than a decade on stronger demand across vessel segments. The index +1.4% to 3,833, the highest since June 2010, while average daily earnings rose across categories for shipping vessels, for ca...