Asia

Samudera Shipping Line’s ceo resigns

Singapore: The board of Samudera Shipping Line has announced the resignation of Torkis David Parlaungan Batubara as ceo with effect from 22 May.

The 44-year-old had been in the job since June 2010.

Samudera slipped into the red in the first quarter this year with a net loss of $4.42m.

With 37 ships and nearly 30,000 slots Samudera ranks as the 39th largest liner in the world, according to Alphaliner statistics.  [15/05/13]

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