Singapore Shipping Corporation Limited (SG:S19) has released an update.
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Singapore Shipping Corporation Limited has secured a five-year time charter for its vessel, M/V Boheme, with a reputable charterer starting April 2025. This agreement is projected to enhance the company’s revenue and net profits despite potential higher demolition costs due to green recycling requirements. Investors may find this development promising as it signals positive financial growth for the company.
For further insights into SG:S19 stock, check out TipRanks’ Stock Analysis page.