Samudera Shipping reaps rewards from skyrocketing prices

Samudera runs a thriving regional container shipping business which provides feeder services between Singapore and other regional ports in Asia. PHOTO: SAMUDERA INDONESIA/FACEBOOK
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SINGAPORE - The first time the world took serious note of the importance and impact of container shipping on the global supply chain was in March 2021, when the giant container ship Ever Given got stuck and blocked the Suez Canal.

The incident saw worldwide container shipping rates skyrocketing. According to Clarkson Research, boxship charter rates quadrupled in 2021.

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