Indonesia’s Samudera Shipping is sitting on a cash pile of $80m and is on the hunt for acquisitions, according to analysts.
The Singapore-listed company has added almost $30m to its reserves in the last six months on the back of the hot containership market and timely vessel disposals.
At the beginning of July, it confirmed the sale of the 1,118-teu Sinar Bima (built 2008) for $12.5m,
