Maybulk Bhd 2021 AR2
The report highlights Malaysian Bulk Carriers Berhad's exceptional financial performance in 2021, recording a net revenue of RM181.09 million and a multi-year high operating profit of RM93.01 million, driven by a 111% increase in charter rates. The company successfully monetized its assets by disposing of three bulk carriers, capitalizing on high second-hand vessel prices. On the sustainability front, the company achieved an excellent safety performance with zero fatalities and zero Lost Time Injury Frequency Rate. Additionally, the company continued its environmental efforts by complying with IMO emission standards, utilizing low sulphur fuel oil, and equipping its entire fleet with Ballast Water Treatment Systems.
Company: Maybulk Bhd
Sector: Transport & logistics
Country: Malaysia
Year: 2021
Type: AR2
Pages: 123
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Maybulk Bhd
Annual Report
The report highlights Malaysian Bulk Carriers Berhad's exceptional financial performance in 2021, recording a net revenue of RM181.09 million and a multi-year high operating profit of RM93.01 million, driven by a 111% increase in charter rates. The company successfully monetized its assets by disposing of three bulk carriers, capitalizing on high second-hand vessel prices. On the sustainability front, the company achieved an excellent safety performance with zero fatalities and zero Lost Time Injury Frequency Rate. Additionally, the company continued its environmental efforts by complying with IMO emission standards, utilizing low sulphur fuel oil, and equipping its entire fleet with Ballast Water Treatment Systems.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Women on Board
Workplace Fatalities