Samudera Shipping buys stake in NYK LNG EW

Samudera Shipping Line is boosting its stake in the liquified natural gas shipping joint venture LNG East-West Shipping (LNG EW). The Singapore-listed company said in a filing it had struck a deal to purchase close to 8.6m ordinary shares from Japan’s Nippon Yusen Kaisha (NYK) corresponding to about 25% stake in the LNG EW. The