Edition:
India

Sinotrans Shipping Ltd (0368.HK)

0368.HK on Hong Kong Stock

2.05HKD
20 Jul 2018
Change (% chg)

HK$-0.03 (-1.44%)
Prev Close
HK$2.08
Open
HK$2.08
Day's High
HK$2.08
Day's Low
HK$2.03
Volume
1,806,500
Avg. Vol
4,598,939
52-wk High
HK$2.73
52-wk Low
HK$1.78

Latest Key Developments (Source: Significant Developments)

Sinotrans Shipping Appoints ‍Su Xingang As Chairman​
Thursday, 29 Mar 2018 

March 29 (Reuters) - Sinotrans Shipping Ltd <0368.HK>::APPOINTS ‍SU XINGANG AS CHAIRMAN​.FENG GUOYING & TIAN ZHONGSHAN RESIGNED AS AN EXECUTIVE DIRECTOR AND A NON-EXECUTIVE DIRECTOR OF COMPANY, RESPECTIVELY.SU XINGANG APPOINTED AS CHAIRMAN IN REPLACEMENT OF LI ZHEN.  Full Article

Sinotrans Shipping says Hai Kuo companies signed deal with JV companies
Tuesday, 13 Dec 2016 

Sinotrans Shipping Ltd <0368.HK>: At end of charter period, JV companies shall be obliged to buy back vessels at us$144 million for each vessel . On 12 Dec 2016, each of JV cos assigned their respective rights and interests under shipbuilding contracts to relevant Hai Kuo Cos . On Dec 12, each of Hai Kuo companies entered into bareboat charters with each of JV companies to charter five vessels . Each of Hai Kuo cos entered into Bareboat charters with JV companies to charter five vessels to JV cos for 144 months .Charterhire fee includes deposit of US$47.6 million for each vessel & charterhire of about US$328.5 million based on indicative daily rate.  Full Article

Sinotrans Shipping says HY revenues US$385.8 million versus US$485.1 million<0368.HK>
Monday, 15 Aug 2016 

Sinotrans Shipping Ltd <0368.HK>: Says HY revenues US$385.8 million versus US$485.1 million . HY loss attributable to owners of the company US$40.2 million versus loss US$18.3 million . Says board of directors has resolved not to declare an interim dividend for the six months ended 30 June 2016 . Anticipated that the market will recover slowly in the future . Says "it is expected that the market is likely to improve" . Shipping volume in intra-Asia area is relatively stable" . "Competition landscape and freight rates of container liners will remain steady" .  Full Article