Samudera Shipping reports increased revenue in 1H 2025

Samudera Shipping Line has reported a strong operational start to 2025, with its core container shipping division seeing a significant uplift in volumes and freight rates compared to the previous year.

While the company’s business update did not disclose specific profit or loss figures, the performance of its largest segment suggests a notable rise in revenue for the first half of the year.

The Singapore-based company’s container shipping division, its primary revenue driver, handled 990,000 twenty-foot equivalent units (TEUs) in the six months to 30 June. This represents a volume increase of more than 12 per cent from the 879,000 TEUs handled in the first half of 2024.

The growth was compounded by an increase in the average freight rate, which rose to $250 per TEU from $230 in the prior-year period. Based on these figures, the segment’s revenue is estimated to have grown by over 22 per cent. The company noted that the, "market environment remains volatile.”

Performance in the group’s other divisions was mixed. The bulk and tanker business, which operates a fleet of eight vessels, saw an increase in employment days. However, the company stated that its, “operating margin has been impacted due to technical challenges on certain vessels,” indicating an increase in outgoings for the segment during the period.

In its logistics arm, the volume of goods handled increased by almost 13 per cent year-on-year, which the company attributed to, “increased activities in 4PL business.” Despite this, the average occupancy at its storage facilities saw a slight decline over the same period.