Trada Maritim expands coal fleet
Friday, February 5 2010 - 01:54 AM WIB
IDX-listed shipping firm PT Trada Maritim Tbk through its unit PT Trada Tug and Barge will spend US$50 million this year to buy bulk vessels to tap increasing coal production, Bisnis Indonesia reported.
Chief Commissioner Darmansjah Tanamas said that the Company would buy one panamax and handymax to serve domestic and overseas market, he said.
In 2008 the company has purchased 10 sets to tugs and barges which are operating in Kalimantan. (*)