Arpeni bags coal shipping contract from Tanjung Jati B

Thursday, November 22 2007 - 11:49 PM WIB

JSX-listed shipping firm PT.Arpeni Pratama Ocean Line (APOL) announced on Thursday it had won tender to ship coal and jetty management for Tanjung Jati B coal-fired power plant in Jepara, Central Java.

The company said in a release that the 15-year deal would worth Rp.3.08 trillion, or about US$330 million.

The company did not give detail about the volume of the coal that would be transported.

Tanjung Jati B operates 2x660 power plants and consumes about 4 million tonnes of coal per year. (alex)

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