Back 16 Dec 2025

Samudera and Imoto Lines form Blue Ocean Shipping JV to tap Japan coastal trade

Link: https://links.sgx.com/1.0.0/corporate-announcements/YTZYGGUNBR46J122/386b2c37ceab4890bf6ad16dbc111c3be6fe243af34438aedd83d6b6cda10669

Summary:

  • Samudera Shipping Line and Imoto Corporation have signed a joint venture agreement to create Blue Ocean Shipping Co., Ltd., focused on shipping activities in Japan.

  • Samudera Japan K.K. will hold 51% and Imoto Corporation 49% of the new Kobe‑headquartered company.

  • Operations are expected to start in the first half of 2026, initially with two container vessels acquired from the Imoto Lines Group and plans to expand the fleet prudently over time.

  1. https://links.sgx.com/FileOpen/Press%20release.ashx?App=Announcement&FileID=869917