SINGAPORE (Yosefardi) – Samudera Shipping Line Ltd expects to report a net loss after tax for second quarter (Q2) of 2013.
The loss was due mainly to lower freight rate(s) and charter rate(s) as a result of oversupply of vessels across all three business segments of the Group namely Regional Container Shipping, Indonesia Domestic Container Shipping and Bulk Carrier, Offshore & Tanker business.
Samudera will report its second quarter results tomorrow (July 30).
