AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/article-1G1-125688933/thai-cargo-operator-precious.html" title="Facts and information about Thai cargo operator Precious Shipping to sail debt-free by end of 2005.">Thai cargo operator Precious Shipping to sail debt-free by end of 2005.</a>
Close
Set up an RSS feed that alerts you when new articles from Bangkok Post (Bangkok, Thailand) are available.
Frequently asked questions about RSS feeds
Thai cargo operator Precious Shipping to sail debt-free by end of 2005.
Byline: Aranee Jaiimsin
Dec. 3--Precious Shipping Plc (PSL), the SET-listed pure dry cargo ship-owner operating in the small handy size sector of the tramp freight market, plans to clear all of its US$240.41 million in debts by the end of 2005, seven years ahead of schedule.
Khushroo Wadia, PSL's financial director, said its equity and earnings before interest, tax, depreciation, and amortisation (EBITDA) as of the end of this year of $338.53 million were more than enough to pay back all outstanding loans.
The company's current debt-to-equity ratio is 1.73, well down from 6.5 in 1998.
"Debt termination is our key strategy to improve ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- MERANT Takes PSL's Psychometric Assessment Service to the Web; MERANT Egility...
- Press release article from: PR Newswire February 9, 2000 700+ words
...built for Psychometric Services Limited (PSL) using MERANT Egility(TM) solutions...candidates ahead of their competitors. PSL selected MERANT Egility to ensure a cost...front end," said Richard Alberg, CEO at PSL. "It involves the creation of new applications...
- Verific Adds Support for PSL/Sugar to its HDL Component Software; Move Designed...
- Press release article from: Business Wire February 9, 2004 700+ words
...Accellera's property specification language (PSL)/Sugar. This means that all of its...component software packages now include a PSL/Sugar reader, and will enable assertion-based verification. "The PSL/Sugar Consortium is pleased that Verific...
- The Process Specification Language (PSL): theory and applications.
- Magazine article from: AI Magazine Gruninger, Michael Menzel, Christopher September 22, 2003 700+ words
...OMITTED] The PROCESS SPECIFICATION LANGUAGE (PSL) (Menzel and Gruninger 2001; Schlenoff...give an overview of the theories within the PSL ontology, discuss some of the design principles...based on the ontology. Architecture of PSL The PSL ontology is organized into PSL...
- PSL sees stability in long-term deals.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) November 22, 2005 700+ words
...over the next two years as rates fluctuating...freight market and PSL expects the majority...first quarter next year. "This strategy...At present, PSL has 54 vessels...age of 15.57 years. It plans to replace...freight markets. PSL reported average...same period last year, ...
- PSL coaches strive to improve inner-city prep baseball
- Newspaper article from: Michigan Citizen Jr. Anderson, Harry M. August 10, 1996 700+ words
...wheels. So why hasn't PSL baseball been up to...Another reason why the PSL teams are falling behind...skills until their fourth year in high school. It takes them four years to learn these basics...CURRENTLY ONLY five PSL Coaches have summer...
- Kenexa Announces Acquisition of PSL and Updates 4Q 2006 and Preliminary FY 2007...
- Press release article from: Business Wire November 20, 2006 700+ words
...approximately $7.6 million for PSL. Kenexa's Chief Executive...Rudy Karsan, stated, "PSL has been in the assessment...business for approximately 17 years, and we expect that the...31. Preliminary Full Year 2007: Previously issued...incremental impact of the PSL acquisition, the Company...
- PSL APPLICATION STATUS AND CUSTOMER ACCOMMODATIONS ANNOUNCED
- Press release article from: PR Newswire August 18, 1995 700+ words
...Calif., Aug. 18 /PRNewswire/ -- Exact PSL application status figures and new accommodations...retained to conclude sale of the Raider PSL and season ticket program announced last month, show that 39,339 of 45,375 PSL seats available for the 1995 Raider season...
- PSL hit by higher expenses.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 25, 2006 700+ words
...said Khalid Hashim, PSL's managing director...with the average age of PSL's fleet was now around 19 years. But Mr Hashim said...impact on the company, as PSL could pass the fuel burden...000 baht) in 2005 year-on-year. PSL executives...