Scaled down Malaysian owner Maybulk now earns more from its shelving and storage solutions business than from operating bulkers, recently released figures show.

Impairment from proposed POSH sale drags on Maybulk results
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The Robert Kuok-backed shipowner lost MYR 375,000 ($86,316) on its shipping operation in the first half of this year against a profit of MYR 2.3m