Market Capitalization (Millions $) |
277 |
Shares
Outstanding (Millions) |
20 |
Employees |
600 |
Revenues (TTM) (Millions $) |
387 |
Net Income (TTM) (Millions $) |
-10 |
Cash Flow (TTM) (Millions $) |
47 |
Capital Exp. (TTM) (Millions $) |
1 |
Grindrod Shipping Holdings Ltd
Grindrod Shipping Holdings Ltd is a global shipping company headquartered in Singapore. The company operates under two main segments: Drybulk and Specialized. The Drybulk segment primarily focuses on the transportation of commodities such as iron ore, coal, grain, and fertilizers on handysize, supramax, and ultramax vessels. Meanwhile, the Specialized segment deals with the transportation of plated steel products, project cargoes, and other bulk and breakbulk cargoes.
The company's fleet consists of modern vessels that are equipped with state-of-the-art technology, including fuel-efficient engines and automated cargo-handling equipment. It currently owns and operates 35 vessels with a total capacity of9 million deadweight tons (DWT). The fleet is under long-term charters with leading industry players and generates stable cash flows to support the company's growth.
Grindrod Shipping has a global presence, with offices in key cities such as Singapore, Durban, Cape Town, Rotterdam, Hong Kong, and Tokyo. The company has built up a robust network and diversified portfolio of customers, ranging from multinational mining and commodities companies to trading houses, agricultural companies, and governments.
The company values safety, environmental sustainability, and social responsibility. In 2020, the company became a signatory to the United Nations Global Compact and committed itself to responsible business practices. It is also a member of various industry organizations, including the Baltic and International Maritime Council (BIMCO) and the International Association of Dry Cargo Shipowners (INTERCARGO).
Grindrod Shipping is well-positioned to benefit from the growing demand for commodities and the increasing trade flows in emerging markets. The company aims to leverage its modern fleet, broad customer base, and global network to drive long-term value for its shareholders.
Company Address: 1 Temasek Avenue Singapore 39192
Company Phone Number: 6323 0048 Stock Exchange / Ticker: NASDAQ GRIN
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