Precious Shipping PCL 2015 AR2
The report highlights Precious Shipping Public Company Limited's performance in 2015, which was one of the most challenging years for dry bulk shipping with the Baltic Dry Index hitting historical lows. Despite these market conditions, the company successfully raised USD 65 million through a rights offering and USD 100 million via unsecured bonds to bolster liquidity. The company continued its fleet rejuvenation plan, taking delivery of four vessels while selling three older ones. Additionally, the company maintained its commitment to sustainability, achieving ISO 14001:2004 certification, implementing the Ship Energy Efficiency Management Plan, and actively supporting maritime training and community development projects.
Company: Precious Shipping PCL
Sector: Industrials
Country: Thailand
Year: 2015
Type: AR2
Pages: 269
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Precious Shipping PCL
Annual Report
The report highlights Precious Shipping Public Company Limited's performance in 2015, which was one of the most challenging years for dry bulk shipping with the Baltic Dry Index hitting historical lows. Despite these market conditions, the company successfully raised USD 65 million through a rights offering and USD 100 million via unsecured bonds to bolster liquidity. The company continued its fleet rejuvenation plan, taking delivery of four vessels while selling three older ones. Additionally, the company maintained its commitment to sustainability, achieving ISO 14001:2004 certification, implementing the Ship Energy Efficiency Management Plan, and actively supporting maritime training and community development projects.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees