Samudera Shipping container volume up 12.63% in H1

Average revenue also increased in the first six months.

Samudera Shipping Line Ltd. has reported a 12.63% increase in the volume of its container shipments in the first half (H1) of the year.

In a bourse filing, the company said the volume reached 990,000 twenty-foot equivalent units (TEU) in H1 from 879,000 TEU in the same period last year.

The average revenue per TEU also increased to 8.7% to S$320.51 (US$250).

Samudera noted that the “market environment remains volatile.”

Employment days for H1 reached 1,293 days, increasing from 1,190 the previous year, with two vessels joining the fleet in mid of H1 2024.

“All vessels are employed under time charter contracts,” the company said. “Operating margin has been impacted due to technical challenges on certain vessels.”

A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia