Samudera buys two container vessels for US$59.9 million

SAMUDERA Shipping Line on Jun 7 agreed to buy two container vessels from unrelated third parties for a total of US$59.9 million.

Each vessel has a capacity of 1,500 twenty-foot equivalent units. They are expected to be delivered in the second half of this year, Samudera said in a bourse filing on Friday (Jun 16).

The purchase is not expected to have any material impact on the net tangible assets and earnings per share of the group for the financial year ended Dec 31, 2023.

Shares of Samudera closed at S$0.915 on Friday, down 2.1 per cent or S$0.02, before the filing.