Home   /   Taxonomy   /   Term

Samudera Shipping

Only listed container shipping proxy Samudera reacts to surge in freight rates  - THE EDGE SINGAPORE

Corporate moves

Only listed container shipping proxy Samudera reacts to surge in freight rates

Singapore-listed Indonesian company Samudera Shipping Line — once a little traded, largely forgotten owner of bulk carriers — has surged 127% since the lows of March last year.

Samudera Shipping records 89% jump in FY2020 earnings, to pay special dividend - THE EDGE SINGAPORE

Results

Samudera Shipping records 89% jump in FY2020 earnings, to pay special dividend

Samudera Shipping Line has reported FY2020 revenue of US$347.9 million, down 6.9%. However, thanks to a combination of lower operating costs, mainly fuel, it was able to report 89% y-o-y jump in ea

Caution warranted with penny stocks at overbought highs as STI slumps  - THE EDGE SINGAPORE

Right Timing

Caution warranted with penny stocks at overbought highs as STI slumps

Selected penny stocks have been driven to new seven to nine year highs by speculative buying. Oceanus Group, which is still under the SGX’s watchlist, was queried by the Exchange on Feb 19.

Results

Samudera Shipping steers out of the red in FY17

SINGAPORE (Feb 27): Samudera Shipping swung back into the black in FY17 with earnings of US$5.9 million ($7.8 million), a reversal from the loss of US$5.4 million in FY16.

Results

Samudera swings back to profitability in 3Q on higher sales from container shipping

SINGAPORE (Oct 26): Samudera Shipping has swung back to profitability in 3Q17 ended Sept with earnings of US$0.48 million, compared with a loss of US$3.8 million in 3Q16.

Results

Samudera Shipping reports 8% rise in 2Q earnings to US$2 mil

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.

Results

Samudera Shipping swings to 3Q net loss

SINGAPORE (Oct 25): Samudera Shipping swung to a loss of US$3.8 million ($5.3 million) in 3Q as a decline in revenue outpaced fall in costs of sales.

×