Marine & General records loss in 1Q due to low charter rates
KUALA LUMPUR (Sept 20): Marine & General Bhd (M&G), which charters marine vessels to oil and gas industry players, posted a net loss of RM8.43 million in its first quarter ended July 31, 2019, due to low charter rates resulting from the continuing market oversupply of offshore support vessels (OSVs).
……Read full article on The Edge Markets - Malaysia
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