Samudera Shipping Line to Acquire Container Vessel

MT Newswires

09/03

Samudera Shipping Line (SGX:S560) agreed to acquire a second-hand container vessel for $50.4 million, according to a Tuesday filing with the Singapore Exchange.

Shares of the company were up nearly 1% in Wednesday trading.

The vessel, with a capacity of 2,684 TEUs, is expected to be delivered in the fourth quarter of the year.

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