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Intra-Asia

FreightWaves Staff Tuesday, October 29, 2019

Samudera Shipping slips into the red

Fewer cargoes, lower freight rates, higher fuel costs and the consequences of operating a smaller fleet during a time of a slowdown in world trade has led intra-Asia specialist, Samudera Shipping (SGX: S56 / SAMU.SI), to report a net loss for the third quarter of the year.

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