Atlantic Navigation Acquiring Accommodation Work Boat for $11 Million
Atlantic Navigation Holdings (Singapore) (SGX:5UL) agreed to purchase a marine vessel named Berkat Teguh from an unrelated third party shipyard for about $11 million. The 2016-built vessel is a 70.5-m
Atlantic Navigation's Net Profit Zooms 89% in Q3
Atlantic Navigation (SGX:5UL) posted a net profit of $4.8 million in the third quarter, an increase of 88.7% from $2.6 million a year earlier. Earnings per share rose to $0.0092, from $0.0049 in the y
Singapore Stocks Return to Black; Seatrium Shares Slip 2% on Investigation From Corrupt Practices Investigation Bureau
Singapore's Straits Times Index moved into the positive territory for the first time this week on Thursday, after a deal to suspend the $31.4 trillion debt ceiling was passed by the US House of Repres
Atlantic Navigation Purchases Under Construction Marine Vessel for Nearly $9 Million; Shares Rise 3%
Atlantic Navigation Holdings (Singapore) (SGX:5UL) purchased a marine vessel from an unrelated third-party shipyard for a little less than $9.0 million. The vessel is a 79-meter long and 3,300 tonne d
Singapore Stocks Remain in Red; Prime US REIT Shares Fall 13% as Distributable Income Plummets 23% in Q1
Singapore's Straits Times Index remained under pressure throughout the day and closed the session in the red once more, after international markets ended mixed on news of US inflation cooling. During
Atlantic Navigation's Net Profit Soars 161% in Q1; Shares Jump 6%
Atlantic Navigation (SGX:5UL) posted a net profit of $4.8 million in the first quarter, soaring 161.3% from $1.9 million a year earlier. Revenue rose 29.4% year over year to $17.8 million from $13.7 m
Atlantic Navigation Purchases Marine Vessel for $5.5 Million
01:59 AM EDT, 05/05/2023 (MT Newswires) -- Atlantic Navigation Holdings (Singapore) (SGX:5UL) purchased a marine vessel named Team Clio from an unrelated third party in the Middle East for about $5.5
Atlantic Navigation Acquiring Multi-Purpose Platform Supply Vessel for $10 Million
01:01 AM EDT, 04/07/2023 (MT Newswires) -- Atlantic Navigation (SGX:5UL), via its indirect unit Atlantic Oceana, signed a memorandum of agreement to purchase a vessel from Saeed Investment, a controll
Atlantic Navigation Units Reach Settlement Agreement With Pacific Radiance Units
04:57 AM EST, 02/17/2023 (MT Newswires) -- Atlantic Navigation (SGX:5UL) said its units have reached an "amicable settlement" regarding an arbitration brought on by the units of Pacific Radiance (SGX:
Atlantic Navigation Secures Ship Chartering Contract; Shares Surge 14%
11:40 PM EST, 11/15/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) has clinched a mid-term charter contract for one of its vessels from a third-party charterer for a period of two years, with an
Atlantic Navigation Swings to Profit in Q1
04:09 AM EDT, 07/18/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) turned to profit in the first quarter thanks to an increase in revenue from its lift-boat coupled with the higher level of repa
Atlantic Navigation Names New COO
04:41 AM EDT, 06/24/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) appointed Stoyan Radev Ialamov as chief operating officer and deputy chief executive officer of the company, effective June 27.
Atlantic Navigation Secures $9 Million Loan from Middle Eastern Bank
01:59 AM EDT, 06/14/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) secured a 30-month medium-term loan worth $9 million from its principal bank in the Middle East. The loan is payable from July
Atlantic Navigation Selling Utility Offshore Vessel for $1 Million
12:31 AM EDT, 06/13/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) will sell its AOS Honour vessel to Al Rafedain Marine Services to Middle East-based Al Rafedain Marine Services for $1 million.
Atlantic Navigation Leases Liftboat to Rex International Unit
03:06 AM EST, 03/07/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) leased its Delta-22 liftboat to Masirah Oil, a unit of Rex International (SGX:5WH), for 730 days with two semi-annual extension
Atlantic Navigation Swings to Profit in Q4
12:28 AM EST, 03/02/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) posted a profit attributable to owners of $826,000, or $0.0016 per share, in the fourth quarter of 2021, against an attributabl
Atlantic Navigation to Sell Two Vessels for $2 Million
02:12 AM EDT, 09/28/2021 (MT Newswires) -- Atlantic Navigation (SGX:5UL) will sell two towing tugs named AOS Star and AOS Energy to Denmark-based Norden Gabon for $2 million in aggregate, as per a Mo
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