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Samudera Shipping Line acquires container vessel

Samudera Shipping Line Ltd. has announced the acquisition of a second-hand container vessel with a capacity of 2,684 twenty-foot equivalent units (TEUs) from an unrelated third party. The purchase, valued at approximately $50.36m, will be financed through a mix of internal resources and bank borrowings. The vessel is slated for delivery in the fourth quarter of 2025.

The acquisition is part of Samudera’s ordinary business operations and does not qualify as a “transaction” under Chapter 10 of the Singapore Exchange (SGX) Listing Manual. Consequently, it is not expected to significantly impact the company’s net tangible assets or earnings per share for the current financial year.

Bani Maulana Mulia, Executive Director and Group CEO, confirmed that none of the company’s directors or controlling shareholders have any direct or indirect interest in the acquisition. The move aligns with Samudera’s strategic objectives to enhance its fleet capabilities.
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This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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