General Announcement::Incident Involving Sinar Kapuas

Issuer & Securities

Issuer/ Manager
SAMUDERA SHIPPING LINE LTD
Securities
SAMUDERA SHIPPING LINE LTD - SG1F29855813 - S56
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
05-Jan-2015 19:03:21
Status
New
Announcement Sub Title
Incident Involving Sinar Kapuas
Announcement Reference
SG150105OTHR7YH3
Submitted By (Co./ Ind. Name)
Hermawan Fridiana Herman
Designation
Executive Director, Finance
Description (Please provide a detailed description of the event in the box below)
The Board of Directors (the "Board" ) of Samudera Shipping Line Ltd (the "Company" ) wishes to inform that one of its bulk carriers, Sinar Kapuas (the "Vessel"), was involved in a collision with a crude oil tanker on 2 January 2015. The incident took place near Pedra Branca when the Vessel was en route to Singapore.

The Company is currently investigating the cause of the collision and assessing the extent of the damage to the Vessel and impact on the Group's financial performance if any. The Company also confirms that there were no injuries and no oil leakage from the Vessel arising from the incident.

The Board will make the appropriate announcements as and when there are subsequent material developments on this matter.


By Order of the Board


Hermawan Fridiana Herman
Executive Director, Finance
5 January 2015