Samudera plunges into the red

Keith Wallis - Monday 1 March 2010

REGIONAL Asian box carrier Samudera Shipping Line plunged into the red last year after posting a net loss of nearly $8.9m, down from a $26.7m net profit in 2008, writes Keith Wallis in Hong Kong

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This followed a 25.5% fall in revenue to $330.2m, down from $443.3m a year earlier.

The Singapore-listed company said revenue from its container shipp...

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