Tragic Fire Incident at ASL Marine’s Indonesian Shipyard
ASL Marine Holdings Ltd. reported a tragic fire incident at its Indonesian shipyard, resulting in thirteen fatalities and eighteen injuries. The fire occurred on a tanker under repair, leading to a suspension of work and an investigation in collaboration with authorities. The company is reviewing its safety management procedures to prevent future incidents. ASL Marine specializes in shipbuilding and repair services in Southeast Asia, with a current market cap of S$216.1M.
ASL Marine Holdings Ltd. ( (SG:A04) ) has provided an update.
ASL Marine Holdings Ltd. reported a tragic fire incident at its subsidiary’s shipyard in Batam, Indonesia, resulting in thirteen fatalities and eighteen injuries. The incident occurred on a tanker undergoing repairs, prompting the company to suspend work and collaborate with authorities on an investigation. ASL Marine emphasizes its commitment to safety and is reviewing its safety management procedures to prevent future incidents.
More about ASL Marine Holdings Ltd.
ASL Marine Holdings Ltd. is a company incorporated in Singapore, operating in the marine industry. It specializes in shipbuilding, ship repair, and other related marine services, with a focus on servicing vessels in the Southeast Asian market.
Average Trading Volume: 5,152,871
Technical Sentiment Signal: Buy
Current Market Cap: S$216.1M
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