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Samudera Shipping Line
Billion Dollar Club 2023
Samudera Shipping makes clean sweep with winds in its favour
Samudera has benefited from a global shipping boom
November 09, 2023
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.
June 18, 2023
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
April 13, 2023
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.
February 28, 2023
Offshore & Marine
Marco Polo hitches to wind farms for new growth; eyes more shipbuilding jobs
It’s upwards and onwards for Marco Polo Marine.
February 03, 2023
M&A
Samudera Shipping acquires 2 container vessels for US$66 mil
Samudera Shipping has acquired two new container vessels for US$66 mil.
January 06, 2023
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.
December 14, 2022
Broker's Calls
Samudera poised to benefit from ‘bumper year’ for shipping lines: SAC Capital
A rising tide lifts all ships, including shipping company Samudera, which SAC Capital is optimistic on.
March 17, 2022
Broker's Calls
Samudera Shipping Line has 'some pricing power'; will be riding the wave of higher freight rates: SAC Capital
“Its solid cash position also gives room for other expansion opportunities,” writes SAC Capital analyst Tracy Lim.
August 03, 2021
Results
Higher container rates lifts Samudera Shipping's earnings
Year to date, Samudera’s shares are up around two-thirds to close at 43 cents on July 28.
July 28, 2021