Samudera Shipping has seen red in its third quarter bottom line as Hanjin Shipping’s woes took a toll on the diversified owner’s results.
The Indonesian company reported a net loss of $3.7m, against a $1.2m profit in the same spell of 2015.
Its total revenue from July to the end of September sat at $61m, down 18.8%.
Samudera explained the loss of volume from Hanjin Shipping resulted in a 17.2%
