Samudera Shipping Line : Annual Report (11.75 MB)

About this update from Samudera Shipping Line Ltd

RISE andTHRIVE SAMUDERA SHIPPING LINE LTD | ANNUAL REPORT 2023 Table COofNTEN iSAMUDERA SHIPPING LINE LTD 01 About Samudera 04 Our Milestones 06 Service Network 10 Message from Chairman 16 CEO's Statement on Operational Review 24 Board of Directors 38 Key Management Personnel 41 Group Structure TS 4342 Our Subsidiaries Our Joint Venture 46 Corporate Social Responsibility 50 Sustainability Report 77 Financial Highlights 78 Corporate Information ANNUAL REPORTii2023 SamuderaAboutOver the past years, Samudera Shipping Line Ltd has been serving its customers in transporting and managing their cargo across various ports in Asia. The Group has progressively established a good track record of professionalism and competency in its field, and through prudent management and a well-managed expansion strategy, has successfully built up its position as a credible and well-respected industry player today. Leveraging its extensive network, Samudera's Container Shipping business segment offers reliable feeder services between its "hub" port in Singapore and other "spoke" ports in Asia, as well as inter-regional container shipping services to manufacturers, exporters and importers. Its vessels currently ply trade routes connecting various ports in Southeast Asia, the Indian Subcontinent, the Far East and the Middle East. The Group serves a wide spectrum of shippers from its headquarters in Singapore, and via representative and agency offices in various cities in Asia. In the Bulk and Tanker business segment, Samudera provides shipping services for oil, chemical, gas, liquefied products, as well as dry bulk across the region. Through its subsidiary, Samudera also offers such services within the Indonesian domestic market. Samudera's operating fleet, which comprises vessels owned and leased by the Group, currently stands at 31. This comprises 24 container vessels, 4 chemical tankers and 3 gas tankers. The Group continues to renew its fleet by acquiring, disposing and leasing vessels where appropriate. The Group continues to expand its participation along the logistics value chain as part of its effort to enhance its value to customers. The off-shore logistics services offered by the Group include warehousing, freight forwarding and cargo handling within Asia. Samudera is listed on the Mainboard of the Singapore Exchange Securities Trading Limited. ANNUAL REPORT012023 Vision ...

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