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Rough seas ahead for Sarawak shipping

15 May 2017

KUCHING: Sarawak shipping companies, already facing prolonged depressed freight rates, are in for tougher times with the scrapping of the cabotage policy.

Hubline to raise RM200mil, expand shipping fleet

19 July 2016

KUALA LUMPUR: Hubline Bhd has proposed another fund-raising corporate exercise, this time comprising a notes issue that will raise up to RM200mil mainly for repaying borrowings and buying six new shipping vessels.

Shipping firm says dry bulk business outlook promising

30 March 2016

KUCHING: Shipping firm Hubline Bhd has met the expectation of its dry bulk shipping business which it is now concentrating on after exiting the container shipping business, according to its chairman, Richard Wee Liang Chiat.

Hubline rights shares fully subscribed

21 December 2015

KUALA LUMPUR : Hubline Bhd’s upcoming rights shares exercise has been fully subscribed with the acceptances and excess applications totalling some 6.48 billion of its rights shares and 1.62 billion new warrants, the company announced today.

Losses in vessel sales hit Syscorp earnings

2 June 2015

KUCHING: A substantial loss in the disposal of cargo vessels has hurt Shin Yang Shipping Corp Bhd (Syscorp) earnings despite improved profit margins from the group’s shipping operations as a result of global reduction in bunker price.

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