Samudera Shipping Line : Annual Report (13.40 MB)

Adjusting Our Sails

to forge forward

Founder's Profile

Soedarpo Sastrosatomo was born in Pangkalan Susu, North Sumatera, Indonesia, on 30 June 1920.

In October 1952, Soedarpo Sastrosatomo established NVPD Soedarpo Corporation, his first business line that engaged in trading, import and distribution.

On 1 March 1953, Soedarpo took over NV ISTA (Internationale Scheepvaart Transport Agenturen) and became the Managing Director. In November later that year, Soedarpo created Indonesia Stevedoring Ltd (INSTEL). In 1956, INSTEL acquired Stroohoeden Veem (which then became PT Sinar Harapan Veem Indonesia - SHVI), the biggest stevedoring and warehousing company in Surabaya at that time.

On 13 November 1964, through ISTA, INSTEL, Soedarpo started PT Perusahaan Pelayaran Samudera "Samudera Indonesia", which he held the position as President Director until the year 2000 and as President Commissioner until his passing on 22 October 2007.

Throughout his career, Soedarpo was active in various professional and social organisations, among others as the General Chairman of INSA (Indonesian National Shipowners' Association). Soedarpo was also known as one of the District Governors of Rotary International in Indonesia, and founder as well as the Chairman of the Rotary Indonesian Foundation.

In 1985, Soedarpo received the "Orde Van Oranje-Nassau" award from the Kingdom of Holland for his services for the community. In 1995, he received "Bintang Mahaputra Pratama" from the President of Indonesia. On 28 September 2000, Soedarpo was honored to be in the "Asia Maritime Hall of Fame" as an award for his career in building Samudera Indonesia as one of the well-respected players in the Asian maritime industry.

SAMUDERA SHIPPING LINE LTD | ANNUAL REPORT 2022

Table of

Contents

1. About Samudera
2. Our Milestones

1. Service Network

1. Message from Chairman

1. CEO's Statement on Operational Review

1. Board of Directors

1. Key Management Personnel

1. Group Structure
2. Our Subsidiaries
3. Our Joint Venture

1. Corporate Social Responsibility

1. Sustainability Report

1. Financial Highlights
2. Corporate Information

Vision

Connecting

Indonesia

and Beyond

Mission

• Providing transportation services to meet the demand of distribution activities
• Positively contribute to the economic growth by providing efficient logistics solutions
• To ensure sustainable business growth and deliver additional value to shareholders
• Actively participating in creating employment and developing human capital

Values

about SAMUDERA

Integrity and Professionalism

ANNUAL REPORT 2022

Over the past years, Samudera Shipping Line Ltd has been serving its customers in transporting and managing their cargo across various ports in Asia. The Group has progressively established a good track record of professionalism and competency in its field, and, through prudent management and a well-managed expansion strategy, has successfully built up its position as a credible and well-respected industry player today.

Leveraging its extensive network, Samudera's Container Shipping business segment offers reliable feeder services between its "hub" port in Singapore and other

"spoke" ports in Asia, as well as inter-regional container shipping services to manufacturers, exporters and importers. Its vessels currently ply trade routes connecting various ports in Southeast Asia, the Indian Subcontinent, the Far East and the Middle East. The Group serves a wide spectrum

of shippers from its headquarters in Singapore, and via representative and agency offices in various cities in Asia.

In the Bulk and Tanker business segment, Samudera provides shipping services for oil, chemical, gas, liquefied products, as well as dry bulk across the region. Through its subsidiary, Samudera also offers such services within the Indonesian domestic market.

Samudera's operating fleet, which comprises vessels owned and leased by the Group, currently stands at 29. This comprises 24 container vessels, 4 chemical tankers and 1 gas tanker. The Group continues to renew its fleet by acquiring, disposing and leasing vessels where appropriate.

The Group continues to expand its participation along the logistics value chain as part of its effort to enhance its value to customers. The off-shore logistics services offered by the Group include warehousing, freight forwarding and cargo handling within Asia.

Samudera is listed on the Mainboard of the Singapore Exchange Securities Trading Limited.

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Our MILESTONES

1993	1994	1996	1997	2002
Incorporated	Began feeder	Expanded into the	Listed on the	To anticipate
in Singapore as	routes to Jakarta	dry bulk carrier and	Singapore Stock	business growth
a provider of	and Bangkok,	tanker business.	Exchange (Sesdaq).	and manage our
container shipping	which were		Subsequently,	extensive service
services.	subsequently		upgraded to	network, the
	extended to		the Main Board	Group started joint
	India, Sri Lanka,		listing status, on	ventures (JVs) in
	Malaysia and other		the Singapore	Malaysia and India.
	Indonesia ports.		Exchange	The business of the
			Securities Trading	JV is to represent
			Limited.	and act as agent
				for Samudera's
				shipments and
				also to represent
				as agent for
				other shipping
				companies in
				Malaysia and India.

2014

Launched Cambodia feeder service, with a weekly sailing linking Singapore and Sihanoukville.

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ANNUAL REPORT 2022

2004	2006	2007	2008	2011
A joint venture	Entered into	Launched	Took delivery of	As part of the
with a local Thai	LNG shipping by	Chittagong	two additional	effort to manage
company was set	investing in a joint	Express service,	container vessels	cost and capacity
up to strengthen	venture company,	linking Singapore	with capacities of	more efficiently,
our container	LNG East-West	and Chittagong,	1,740 TEUs each,	the Group acquired
shipping presence	Shipping Company	which extends the	to strengthen	three container
in Thailand.	(Singapore) Pte	network coverage	container shipping	vessels with
	Limited.	of the Indian	business.	capacities from
	Took delivery of	Subcontinent.	Commenced	1,054 TEUs to
		1,060 TEUs.
	additional two units		Yangon Express
	of chemical tankers		service, linking
	with capacity of		Myanmar directly
	11,244 DWT and		with markets in
	10,600 DWT each.		Southeast Asia
	These tankers		region.
	currently operate
	in the Indonesian
	waters.

2015	2018	2019	2020	2021	2022
Introduced a	Started	Started ISO	Launched 2	Established	Achieved
weekly service	warehousing	Tank business	additional	Samudera	highest ever
to Songkhla,	activities	which provides	services to	Tankers to re-	turnover.
connecting	in Malaysia	transportation	Pontianak and	enter into the	Ventured into
Singapore-	through a joint	service for	Pasir Gudang.	regional tanker
warehousing
Kuantan-	venture with a	chemical and		business.
Took delivery	and
Songkhla, to	local Malaysian	other liquid
of two units		distribution
tap on new	company.	products using
of 1,900 TEUs		centre in
market and to		tank containers
	vessel through		Indonesia.
expand our		in the Asia
	long-term time		Took delivery
liner business.		region.
	charter.
				of two units of
Samudera
				20,000 DWT
Logistics
				chemical
DWC LLC was
				tankers for the
incorporated
				international
as a logistics
				market.
arm in Dubai,
United Arab
Emirates.

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