SAAM closes 2023 with historic earnings of US$ 501 million

Capt. John

SAAM [SM SAAM] reported net income of US$ 501 million in 2023, representing its best-ever results thanks to the sale of its port and logistics assets to Hapag-Lloyd, which generated a net gain of US$ 422 million. Sales for the year totaled US$ 540 million and EBITDA was US$ 160 million, surpassing...

https://www.hellenicshippingnews.com/saam-closes-2023-with-historic-earnings-of-us-501-million/

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