The Business Times
business-time-50

Otto Marine warns of full-year loss

Published Tue, Feb 10, 2015 · 01:00 PM

    OTTO Marine on Tuesday warned that the group is expected to report a loss for the financial year ended Dec 31, 2014 largely due to a cost overrun for the construction of a vessel; as well as low utilisation and delayed charter commencement for vessels in the offshore chartering segment.

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Asian investors continue to allocate capital to global markets, while maintaining significant exposure to US assets. 

    Despite the de-dollarisation debate, demand for dollar liquidity in Asia is growing

    From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

    He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

    The 46,106 sq ft site in Lorong Puntong/Sin Ming Avenue can generate about 140 private housing units.

    Malaysian developer Eco World tops bids for Sin Ming area housing plot with S$1,612 psf ppr offer

    Industry observers broadly see China as bringing its taxation of offshore trusts closer to mature tax regimes in the West.

    As China trust-tax deadline looms, wealthy clients explore options across Asia

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More