Samudera Shipping Line agrees to sell two tankers for USD 14.5 million
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- Samudera Shipping Line subsidiary PT Samudera Shipping Indonesia is selling tankers MT Sinar Agra and MT Sinar Busan for USD 14.5 million.
- The agreement, signed October 22, 2026, covers a cash sale to an unrelated Indonesian buyer.
- Delivery is expected in the fourth quarter of 2026, subject to written consent from the vessels' existing charterer.
- The disposal is expected to generate a pretax gain of approximately USD 6 million, net of estimated transaction costs.
- Estimated net proceeds of USD 14 million will fund working capital, with potential redeployment toward fleet renewal or other investments.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Samudera Shipping Line Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: VS4TJ7XDEM0CNC9P) on November 05, 2026, and is solely responsible for the information contained therein.
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