SamuderaShipping (S56) Annual Reports

Incorporated in Singapore on 22 December 1993, Samudera Shipping Line Ltd is

part of the Samudera Indonesia Group, an integrated transportation group

established in Indonesia in 1964.

Samudera is a regional Container Shipping line serving the Middle East and the

Indian Sub-continent in the west, South East Asia and Indo-China at the center

and the Far East to the north. This extensive network of services is run from

its headquarters in Singapore, with able support from its own offices in Dubai

and Mumbai for the Middle East and the Indian Sub-continent operations,

Bangkok, Klang and Jakarta for the South East Asia and Indo-China operations,

and Shanghai for the Far East operations.

Samudera provides feeder services to Main Line Operators between the

deep-harbor “hub” ports and the outlying “spoke” ports. It also provides

inter-region and intra-region Container Shipping services to the end users,

i.e. the manufacturers, buyers, exporters, importers etc.

Singapore and Dubai are the main “hub” ports that the Company serves. Its

regular and punctual services connect the ports of South East Asia and the

Indian Sub-continent with Singapore, while from Dubai hub it runs the

intra-Gulf service serving the “spoke” ports in the Upper Gulf region as well

as regional services linking the Gulf region with the Indian Sub-continent.

Serving several major ports in China, Samudera's Far East service acts as a

bridge between South East Asia and China reflecting the growing intra-Asia

trade.

In addition to Container Shipping, the Group, through its wholly-owned

subsidiary Foremost Maritime Pte Ltd, is engaged in Industrial Shipping. It

positions itself as a reliable logistics partner to its industrial customers in

distributing their bulk cargo – liquid, gas and dry. In order to provide a

reliable and stable sea transportation solution, it invests in modern and young

tonnage of size optimum to customer's needs. The vessels are then deployed

primarily on dedicated basis against medium to long-term contracts, either on

Time Charter basis or on the basis of Contract of Affreightment. Participation

in this business segment has allowed the Group to diversify and spread its

business risks.