Atlantic Nav News

Atlantic Navigation Acquiring Accommodation Work Boat for $11 Million

Atlantic Navigation Holdings (Singapore) (SGX:5UL) agreed to purchase a marine vessel named Berkat Teguh from an unrelated third party shipyard for about $11 million. The 2016-built vessel is a 70.5-m

MT NewswiresJan 17 13:41

Atlantic Navigation's Net Profit Zooms 89% in Q3

Atlantic Navigation (SGX:5UL) posted a net profit of $4.8 million in the third quarter, an increase of 88.7% from $2.6 million a year earlier. Earnings per share rose to $0.0092, from $0.0049 in the y

MT NewswiresNov 13, 2023 12:56

Singapore Stocks Return to Black; Seatrium Shares Slip 2% on Investigation From Corrupt Practices Investigation Bureau

Singapore's Straits Times Index moved into the positive territory for the first time this week on Thursday, after a deal to suspend the $31.4 trillion debt ceiling was passed by the US House of Repres

MT NewswiresJun 1, 2023 17:47

Atlantic Navigation Purchases Under Construction Marine Vessel for Nearly $9 Million; Shares Rise 3%

Atlantic Navigation Holdings (Singapore) (SGX:5UL) purchased a marine vessel from an unrelated third-party shipyard for a little less than $9.0 million. The vessel is a 79-meter long and 3,300 tonne d

MT NewswiresJun 1, 2023 12:11

Singapore Stocks Remain in Red; Prime US REIT Shares Fall 13% as Distributable Income Plummets 23% in Q1

Singapore's Straits Times Index remained under pressure throughout the day and closed the session in the red once more, after international markets ended mixed on news of US inflation cooling. During

MT NewswiresMay 11, 2023 17:36

Atlantic Navigation's Net Profit Soars 161% in Q1; Shares Jump 6%

Atlantic Navigation (SGX:5UL) posted a net profit of $4.8 million in the first quarter, soaring 161.3% from $1.9 million a year earlier. Revenue rose 29.4% year over year to $17.8 million from $13.7 m

MT NewswiresMay 11, 2023 14:04

Atlantic Navigation Purchases Marine Vessel for $5.5 Million

01:59 AM EDT, 05/05/2023 (MT Newswires) -- Atlantic Navigation Holdings (Singapore) (SGX:5UL) purchased a marine vessel named Team Clio from an unrelated third party in the Middle East for about $5.5

MT NewswiresMay 5, 2023 14:00

Atlantic Navigation Acquiring Multi-Purpose Platform Supply Vessel for $10 Million

01:01 AM EDT, 04/07/2023 (MT Newswires) -- Atlantic Navigation (SGX:5UL), via its indirect unit Atlantic Oceana, signed a memorandum of agreement to purchase a vessel from Saeed Investment, a controll

MT NewswiresApr 7, 2023 13:03

Atlantic Navigation Units Reach Settlement Agreement With Pacific Radiance Units

04:57 AM EST, 02/17/2023 (MT Newswires) -- Atlantic Navigation (SGX:5UL) said its units have reached an "amicable settlement" regarding an arbitration brought on by the units of Pacific Radiance (SGX:

MT NewswiresFeb 17, 2023 17:58

Atlantic Navigation Secures Ship Chartering Contract; Shares Surge 14%

11:40 PM EST, 11/15/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) has clinched a mid-term charter contract for one of its vessels from a third-party charterer for a period of two years, with an

MT NewswiresNov 16, 2022 12:42

Atlantic Navigation Swings to Profit in Q1

04:09 AM EDT, 07/18/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) turned to profit in the first quarter thanks to an increase in revenue from its lift-boat coupled with the higher level of repa

MT NewswiresJul 18, 2022 16:10

Atlantic Navigation Names New COO

04:41 AM EDT, 06/24/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) appointed Stoyan Radev Ialamov as chief operating officer and deputy chief executive officer of the company, effective June 27.

MT NewswiresJun 24, 2022 16:42

Atlantic Navigation Secures $9 Million Loan from Middle Eastern Bank

01:59 AM EDT, 06/14/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) secured a 30-month medium-term loan worth $9 million from its principal bank in the Middle East. The loan is payable from July

MT NewswiresJun 14, 2022 14:00

Atlantic Navigation Leases Liftboat to Rex International Unit

03:06 AM EST, 03/07/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) leased its Delta-22 liftboat to Masirah Oil, a unit of Rex International (SGX:5WH), for 730 days with two semi-annual extension

MT NewswiresMar 7, 2022 16:10

Atlantic Navigation Swings to Profit in Q4

12:28 AM EST, 03/02/2022 (MT Newswires) -- Atlantic Navigation (SGX:5UL) posted a profit attributable to owners of $826,000, or $0.0016 per share, in the fourth quarter of 2021, against an attributabl

MT NewswiresMar 2, 2022 13:32