News

News Feeds

Read Our Latest News

Samudera back in black, but container shipping business declines 10.5pc SINGAPORE's Samudera Shipping Line was back in the black in the first quarter with a gross profit of US$4.3 million - after last year's quarterly loss of $394,000 - drawn on revenues of $86.2 billion, down 10.5 per cent. "Revenue for the container shipping business decreased 7.9 per cent to $71.5 million on lower than average freight rates. Container volume handled recorded a modest increase to 300,000 TEU as a consequen 28
Apr
Samudera back in black, but container shipping business declines 10.5pc SINGAPORE's Samudera Shipping Line was back in the black in the first quarter with a gross profit of US$4.3 million - after last year's quarterly loss of $394,000 - drawn on revenues of $86.2 billion, down 10.5 per cent. "Revenue for the container shipping business decreased 7.9 per cent to $71.5 million on lower than average freight rates. Container volume handled recorded a modest increase to 300,000 TEU as a consequen
Read More