Samudera Shipping
Samudera Shipping-chartered vessel sinks en route from Singapore to Pasir Gudang
All crew members safe; group does not expect incident to have any significant impact to its business
Samudera Shipping sells two vessels for US$23 million under fleet management, capital allocation strategy
It is expected to yield an estimated gain on disposal of around US$1.3 million
From Shell to Singapore Airlines: the potential winners and losers as volatile oil prices hover under US$100
Transport companies’ profit margins take a hit while developed and emerging markets in Asia-Pacific face spillovers
Samudera Shipping’s H2 2025 profit down 30.2% at US$34.9 million; special dividend proposed
The decline in profit in the second half is attributed to the cost of services outpacing revenue growth
Samudera Shipping unit, Imoto Corporation enter JV to set up shipping company in Japan
Blue Ocean Shipping will be headquartered in Kobe and is expected to begin operations in the first half of 2026
Samudera Shipping H1 profit doubles to US$41.8 million
Revenue rises 28% to US$285.5 million on the back of increased business activity and container freight rate improvements
Samudera Shipping H1 profit down 68.7% to US$20.9 million
Contributions from container segment are lower and the outlook of the container shipping industry remains challenging, says the group
Samudera Shipping H2 profit down 77% to US$34.6 million on lower freight rates
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 on the move in 2024
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...
Samudera Shipping acquires 2 ethylene gas vessels for US$12.6 million
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).
