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2022-07-28 01:42:00 By : Ms. Carrie Ouman

Indonesian owner expect liner rates to remain higher than pre-pandemic levels due to the lag in container vessel supply to meet demand

Samudera Shipping Line continues to reap the rewards of the hot container ship market as it posted a four-and-a-half-fold increase in first half profit.

The Indonesian liner operator saw net income surge to $172.4m versus the $37.9m achieved 12 months earlier, figures just released show.

Revenue at the Singapore-listed intra-Asian operator more than doubled compared to a year ago to $476.2m

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