Intra-Asia boxship operator Samudera Shipping Line says the potential reactivation of idle containership capacity is casting a cloud over the industry. The Singapore-listed group saw revenue decline 25.5% to US$330.2m in 2009, as income from container operations dropped more than 30% to $273.6m as a result of a decline in container volumes and freight rates.
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about 16 years ago
SSL doubts wisdom of returning capacity
Intra-Asia boxship operator Samudera Shipping Line says the potential reactivation of idle containership capacity is casting a cloud over the industry. The Singapore-listed group saw revenue decline 25.5% to US$330.2m in 2009, as income from container operations dropped more than 30% to $273.6m as a
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