Transloader ?Parameswara? to start ops soon

Saturday, December 3 2011 - 02:37 AM WIB

IDX-listed firm PT Tanah Laut Tbk reported on Friday that it has completed the purchase of coal transloader barge ?Parameswara? and the vessel will be towed next week from Batam to Banjarmasin, South Kalimantan, where it will be placed for operations.

The company through its subsidiary PT Pelayaran Indx Lines bought the transloader from British Virgin Islands based firm Paternoster Group Limited for US$8.36 million. (alex)

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