Singapore's POSH may chalk up $13m from Mexico arbitration
Listed offshore services company, however, faces share overhang, from disposal of stake by Robert Kuok-controlled Malaysian Bulk Carriers, analyst says
Its offshore support vessel business made a revenue of $21.7m and a gross loss of $0.3m as utilisation rates rose to 68% in the first quarter from 62% in the fourth quarter amid full-quarter contribution from 12 vessels under long-term charters in the Middle East
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