Singapore-listed Samudera Shipping Line reported better net results for the third quarter with the expansion of its container transport business.
Net profit at Samudera rose 55.7% to $2.1m between July and September, while revenue increased 23.7% to $116.3m, according to an exchange filing.
The improvement mainly resulted from its expanding container business,which saw volumes rise 45% to 405,000 teu in the third quarter.
