Samudera Shipping records 89% jump in FY2020 earnings, to pay special dividend

Samudera Shipping Line has reported FY2020 revenue of US$347.9 million, down 6.9%. However, thanks to a combination of lower operating costs, mainly fuel, it was able to report 89% y-o-y jump in earnings to US$7.2 million. For the year ended Dec 31 2020, the shipping line based out of Indonesia handled a 7.5% jump in …

The post Samudera Shipping records 89% jump in FY2020 earnings, to pay special dividend first appeared on Hellenic Shipping News Worldwide.

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