Though it gave no guidance on the scale of the expecteddeficit, the Singapore-listed owner said a preliminary review of the numbersrevealed red ink.
Samudera, which operates mainly as a regional and domesticcontainership company, blamed the loss on a fall in freight and charter ratesdue to oversupply of vessels in the market.
The news comes as no surprise as the company reportedcumulative losses of $8.2m
