Atlantic Navigation extends contract with Middle Eastern oil firm to 2020.
CATALIST-LISTED Atlantic Navigation Holdings has extended its contract with a Middle Eastern National Oil Company for its lift-boat service by another year to May 2020 from end-June this year, the company announced on Thursday.
The contract, which was awarded for the lift-boat AOS Maintainer I in 2017, came with a one-year charter and two one-year extension options. The NOC, which operates in the Arabian Gulf, had exercised the first one-year extension option last year.Separately, Atlantic Navigation's other lift-boat, Delta 22, was put on contract on May 1 for a six-month charter with a two-month extension option with another NOC, which also operates in the Arabian Gulf.
Atlantic Navigation shares last traded at 10 Singapore cents in December before the counter was suspended for falling below the minimum free float requirement.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil prices rise more than 1% as Middle East conflict persists[NEW YORK] Oil futures were up more than 1 per cent on Thursday as tensions in the Middle East grew, with a Saudi-led coalition launching air strikes in retaliation for recent attacks on its crude infrastructure. Read more at The Business Times.
Read more »
Oil prices rise on rising Middle East tension, ongoing OPEC supply cutSINGAPORE: Oil prices edged up on Tuesday (May 21) on signs that producer club OPEC will continue withholding supply this year and as tensions ...
Read more »
Sunpower bags 43.6m yuan contract from Chinese petrochemical firmENVIRONMENTAL solutions firm Sunpower Group has secured a 43.6 million yuan (S$8.7 million) contract to provide high-efficiency heat exchangers to its repeat customer, Zhejiang Petrochemical Co, the mainboard-listed firm announced on Thursday. Read more at The Business Times.
Read more »
Singapore non-oil exports extend double-digit drop for 2nd straight month in April; confounding expectationsSINGAPORE’S exports extended its double-digit decline for the second straight month in April, surprising economists who had expected a milder drop. Read more at The Business Times.
Read more »
Basketball: Raptors thump Bucks to level NBA Eastern Conference finals at 2-2LOS ANGELES: The Toronto Raptors closed ranks around hurting star Kawhi Leonard, turning in a total team effort in a 120-102 victory over the ...
Read more »
Study pinpoints source of banned gas that saps Ozone layer: Eastern ChinaNEW YORK (NYTIMES) - Rogue emissions of a gas that harms the ozone layer are coming from eastern China, primarily from two heavily industrialised provinces, an international team of researchers said on Wednesday (May 22).. Read more at straitstimes.com.
Read more »
Primary 1 registration for 2020 admission to start on Jul 3SINGAPORE: The registration of children for admission to Primary 1 next year will start on Jul 3 and end on Oct 31, said the Ministry of Education ...
Read more »
Great Eastern offers critical illness plan insuring three generations in market firstINSURER Great Eastern has introduced a critical-illness term plan that protects three generations in a family within a single policy - the first such plan in Singapore. Read more at The Business Times.
Read more »
Primary 1 registration for 2020 cohort to take place from July 3 to Oct 31SINGAPORE - Registration for children starting Primary 1 (P1) in 2020 will begin on July 3 and end on Oct 31, the Ministry of Education (MOE) announced on Thursday (May 23).. Read more at straitstimes.com.
Read more »
International labour organisation criticises 2020 Olympics working conditionsConstruction workers are living in a 'culture of fear' and work for long hours in perilous conditions building Tokyo 2020 Olympic venues, ...
Read more »
Citi to roll out consumer e-payments business in Asia and other markets by Q1 2020CITI is aiming to launch its digital consumer payments business in Asia and elsewhere by the first quarter of 2020, so it can ride the wave of the region's growing flows and digital ecosystems, said a senior executive of the US bank on Thursday. Read more at The Business Times.
Read more »