SINGAPORE, Oct. 24, 2023 (GLOBE NEWSWIRE) Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company"), a global provider of maritime transportation services predominantly in the drybulk sector, announced the completion of the following transactions. On May 25, 2023, we exercised the purchase option on the chartered-in 2016-built supramax bulk carrier, IVS Hayakita. On August 24, 2023, we entered into an en-bloc deal to sell the 2015-built ultramax bulk carrier
Grindrod Shipping (NASDAQ:GRIN – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Monday, Zacks.com reports. The firm presently has a $30.00 price target on the stock. Zacks Investment Research‘s price objective indicates a potential upside of 15.03% from the company’s […]