Singapore Shipping Corp is tempted by a return to the sale and purchase market after a good experience with two earlier purchases.

The Singapore stock exchange listed owning and shipmanagement group is looking to expand its car carrier fleet despite a near 50% fall in quarterly profit.

Ow Chio Kiat
The downturn in profitability is due to financial items including an abrupt recovery in US dollar to Singapore dollar exchange rate and higher bank finance costs.

The