Grindrod Shipping Holdings Ltd. Announces Filing of its Annual Report on Form 20-F for the Year Ended December 31, 2020

Rhea-AI Summary

Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) announced the filing of its Annual Report on Form 20-F for the fiscal year ending December 31, 2020, with the U.S. SEC. The report is accessible on their website and includes comprehensive audited financial statements. Grindrod Shipping operates a fleet of drybulk vessels and product tankers globally. The company emphasizes its commitment to transparency and compliance as a leading provider in the maritime transportation sector.

Positive

• Annual report filing shows compliance with SEC regulations.
• Access to audited financial statements enhances transparency for investors.

Negative

• None.

SINGAPORE, March 31, 2021 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “it” or “we”), a global provider of maritime transportation services in the drybulk and product tanker sectors, today announced that its Annual Report on Form 20-F for the year ended December 31, 2020 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (“SEC”) and can be accessed on the Company's website www.grinshipping.com under the "Investor Relations – Nasdaq - SEC Filings" section or on the website of the SEC at www.sec.gov.

Shareholders may also request a hard copy of the Annual Report, which includes the Company's complete audited financial statements, free of charge, by contacting the Company at:

Grindrod Shipping Holdings Ltd.
200 Cantonment Road, #03-01 Southpoint
Singapore, 089763
E-mail: ir@grindrodshipping.com

About Grindrod Shipping Holdings Ltd.

Grindrod Shipping owns and operates a diversified fleet of owned and long-term and short-term chartered-in drybulk vessels and product tankers. The drybulk business, which operates under the brand “Island View Shipping” (“IVS”) includes a fleet of 15 handysize drybulk carriers and 16 supramax/ultramax drybulk carriers. The tanker business, which operates under the brand “Unicorn Shipping” (“Unicorn”) includes a fleet (including the above sales) of three medium range tankers and one small tanker. The Company is based in Singapore, with offices in London, Durban, Tokyo, Cape Town and Rotterdam. Grindrod Shipping is listed on NASDAQ under the ticker “GRIN” and on the JSE under the ticker “GSH”.

Forward-Looking Statements

The statements in this press release that are not historical facts may be forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The forward-looking statements in this press release are based upon various assumptions, including, without limitation, Grindrod Shipping management's examination of historical trends, data contained in the Company's records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the Company's control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, among others, those discussed in Grindrod Shipping's public filings with the SEC. Except as required by law, Grindrod Shipping undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

Company Contact: Martyn Wade / Stephen Griffiths CEO / CFO Grindrod Shipping Holdings Ltd. 200 Cantonment Road, #03-01 Southpoint Singapore, 089763 Email: ir@grindrodshipping.com    Website: www.grinshipping.com

Investor Relations / Media Contact: Nicolas Bornozis / Daniela Guerrero Capital Link, Inc. 230 Park Avenue, Suite 1536 New York, N.Y. 10169 Tel.: (212) 661-7566 Fax: (212) 661-7526 Email: grindrod@capitallink.com

 

FAQ

What is the latest financial report for Grindrod Shipping?

Grindrod Shipping has filed its Annual Report on Form 20-F for the year ended December 31, 2020.

Where can I find Grindrod Shipping's financial statements?

The complete audited financial statements are available in the Annual Report on Grindrod Shipping's website under the 'Investor Relations – Nasdaq - SEC Filings' section.

What is the significance of the Annual Report for GRIN investors?

The Annual Report provides crucial insights into Grindrod Shipping's financial performance, which is essential for current and potential investors.

How can shareholders obtain a hard copy of the Annual Report?

Shareholders can request a hard copy of the Annual Report free of charge by contacting Grindrod Shipping directly.

What services does Grindrod Shipping offer?

Grindrod Shipping provides maritime transportation services, primarily in the drybulk and product tanker sectors.