Driven mainly by the increase in container volume handled from 298,100 TEUs in 2Q16 to 306,700 TEUs in 2Q17, container shipping revenue rose 9.9% to US$62.5 million, versus US$56.9 million in 2Q16.
SINGAPORE (July 26): Samudera Shipping reported a 7.9% rise in 2Q17 earnings to US$2.0 million ($2.7 million) from US$1.8 million a year ago.
Revenue in 2Q increased 7.4% increase to US$71.2 million for 2Q17, from US$66.3 million in the corresponding quarter in 2Q16. The improvement came mainly on the back of higher revenue contribution from its container shipping business segment.
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