Samudera Shipping Line

Samudera Shipping repeats clean sweep of sector awards - THE EDGE SINGAPORE

Billion Dollar Club 2024

Samudera Shipping repeats clean sweep of sector awards

Bani M Mulia, CEO of Samudera Shipping Line, was able to turn in this sector-beating performance despite coming off the recent 'dizzying peak' / Photo: Albert Chua

Results

Samudera Shipping Line reports 1HFY2024 earnings of US$21.0 mil, 68.3% lower y-o-y

The group has declared an interim dividend of 1 cent per share for the period, down from the 2 cents per share last year.

Offshore & Marine

Samudera Shipping navigates market volatility with higher productivity, efficiency

Amid the uncertain global situation and freight rates, CEO Bani believes that FY2024 will continue to be a “dynamic year”.
Samudera Shipping makes clean sweep with winds in its favour - THE EDGE SINGAPORE

Billion Dollar Club 2023

Samudera Shipping makes clean sweep with winds in its favour

Samudera has benefited from a global shipping boom
Samudera Shipping Line acquires two container vessels for US$59.9 mil - THE EDGE SINGAPORE

Offshore & Marine

Samudera Shipping Line acquires two container vessels for US$59.9 mil

The vessels are expected to be delivered in the second half of the year.
As the tide recedes, freight rates ease, inflation rate ebbs  - THE EDGE SINGAPORE

Right Timing

As the tide recedes, freight rates ease, inflation rate ebbs

Samudera may not repeat its FY2022 banner year against declining freight rates this year

Results

Samudera Shipping Line reports 2HFY2022 earnings of US$150.3 mil, 63.6% higher y-o-y

A special dividend of 24.25 cents and a proposed final dividend of 0.75 cents has been proposed for the period.

Offshore & Marine

Marco Polo hitches to wind farms for new growth; eyes more shipbuilding jobs

It’s upwards and onwards for Marco Polo Marine.

M&A

Samudera Shipping acquires 2 container vessels for US$66 mil

Samudera Shipping has acquired two new container vessels for US$66 mil.

M&A

Samudera to acquire 25% interest in LNG EW for US$14.8 million

The purchase consideration will be satisfied by the company’s internal resources.
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