Saturday 3 December 2016
 
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Gulf Navigation

Gulf Navigation to expand tanker fleet

Gulf Navigation Holding, a group which owns and operates chemical tankers, is expanding the company’s fleet through a strategic long-term partnership with Wuchang Group, China’s heavy industry giant. The decision, made at Gu

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Gulf Navigation to expand tanker fleet

Gulf Navigation Holding, a group which owns and operates chemical tankers, is expanding the company’s fleet through a strategic long-term partnership with Wuchang Group, China’s heavy industry giant. The decision, made at Gu

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Gulf Navigation looks to end creditor woes with debt cut

Dubai's Gulf Navigation Holding said on Tuesday it had reduced its debt from $36 million to $21 million and hopes to end a long-running dispute with creditors by consolidating all of its borrowing before the end of the year. D

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Gulf Navigation appoints CEO

Gulf Navigation Holding, a Dubai-based shipping company, has confirmed the appointment of Parag Jain as the company’s new chief executive officer (CEO). Jain has been serving in the capacity of acting CEO since May of this y

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Gulf Navigation to hold General Assembly next month

Dubai-based shipping company Gulf Navigation Holding will host the company’s General Assembly meeting on January 11, 2016 at the Crowne Plaza Hotel in Dubai, UAE.  The meeting is set to cover a six-point agenda which in

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Gulf Navigation posts 123pc profit growth

Dubai-based Gulf Navigation Holding (Gulfnav), a leading maritime and shipping company, has reported a substantial 123 per cent profit growth at the end of the third quarter of 2015 compared to the same period the previous year. T

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Abu Dhabi Financial buys into Gulf Navigation

Integrated Capital, the capital markets arm of Abu Dhabi Financial Group (ADFG), has acquired more than 28.61 million shares in Gulf Navigation Holding, bringing its shareholdings in the Dubai-based shipping company to 5.19 per cent.

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Gulf Navigation cuts capital, eyes new expansion

UAE shipper Gulf Navigation said on Wednesday it had cut its capital by two-thirds and written off accumulated losses worth 1.1 billion dirhams ($300 million), key parts of a turnaround plan designed to solve its debt problems. Th

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Gulf Navigation to write off $300m losses

Dubai's Gulf Navigation received shareholder backing to continue operating as well as approval for measures aimed at fixing its long-standing debt problems, including a write-off of accumulated losses and a convertible bond issue.

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Gulf Navigation H1 profit drops 89pc

Gulf Navigation Holding, a leading maritime services company, has posted a net profit of Dh10.18 million ($2.77 million) for the first half of 2009, a drop of 89 per cent compared to Dh92.96 million during the same period of 2008. Revenues

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