Indo Straits bags $2.25m barging contract from Baramulti

Monday, October 10 2011 - 09:37 AM WIB

IDX-listed integrated marine and logistic service provider PT Indo Straits Tbk announced on Monday it has signed a US$2.25 million with South Kalimantan miner PT Baramulti Sugih Sentosa to transport the latter?s coal from smaller barges to bigger ones.

The contract duration is for one year starting October 2011 and can be extended by another year, the company said without giving further detail. (romel)

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