Samudera Shipping

Revenue rises 28% to US$285.5 million on the back of increased business activity and container freight rate improvements

Contributions from container segment are lower and the outlook of the container shipping industry remains challenging, says the group

Samudera Shipping posted a 77 per cent drop in net profit to US$34.6 million for its second half year ended Dec 31, 2023, from US$150.3 million in the previous corresponding period.

TRANSPORTATION stocks have been on a roll since the price of Brent Crude Oil stayed below US$80 per barrel in November 2023, and are expected to continue the momentum into 2024, said the Singapore Exc...

A MEMORANDUM of understanding has been inked by Samudera Shipping to acquire two ethylene gas vessels for US$12.6 million, said the company in an announcement on Wednesday (Dec 27).

SAMUDERA Shipping on Monday (Oct 30) issued a profit guidance for the third quarter ended Sep 30, 2023, saying that revenue and earnings “recorded a contraction”, compared to the year-ago period.

MAINBOARD-LISTED Samudera Shipping Line is considering re-entering the dry bulk vessel market to meet the increasing demand arising from Indonesia’s prospering mining sector.

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

SAMUDERA Shipping Line on Friday (Apr 28) signalled in a bourse filing that first-quarter revenue and net profit for the three months ended Mar 31, 2023 “recorded a contraction”, as compared to the ye...