Tranche Update on Harbor Star Shipping Services, Inc.'s Equity Buyback Plan announced on September 25, 2018.
May 17, 2021 at 12:28 pm IST
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From October 1, 2020 to December 31, 2020, the company has repurchased 0 shares, representing 0% for ARS 0 million. With this, the company has completed the repurchase of 13,271,000 shares, representing 1.47% for ARS 37.61 million under the buyback announced on September 25, 2018.
Harbor Star Shipping Services, Inc. is a Philippines-based integrated maritime service provider. The Company offers a range of maritime services, such as harbor assistance, towing, lighterage, ship salvage, marine construction, repair and maintenance works, wreck removal, firefighting, oil spill abatement and recovery, handling hazardous chemical, ship and crew management, diving and underwater marine works. Its business segments include harbor assistance and renewable energy. The Company's harbor assistance services include docking and undocking various types and sizes of vessels with its diversified fleet. Its Azymuth-propelled harbor tugboats range from 1,200 horsepower (hp) to 4,000 hp. Its towing service provides both regular and emergency towing throughout the Philippines and its neighboring territories. Its lighterage service provides transporting of various commodities using its tug and barge tandems, such as coal, iron and nickel ore, clinker, aggregates, and similar products.