Oldendorff bags 1-year coal transportation contract

Thursday, December 9 2010 - 01:03 AM WIB

German shipowner and drybulk operator Oldendorff has bagged 1-year transportation contract from Philippines firm Therma Luzon Inc., a unit of Aboitiz Power Corp, an industy source told Petromindo.Com

Oldendorff will carry coal imports from Indonesia, starting January 2011. Aboitiz imports coal for its 700-MW Pagbilao power plant, mostly from Indonesia. (denny)

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