2017, Volume of Coal Transportation of Pelita Samudera Grows 31 Percent

By : Abraham Sihombing And Aldo Bella Putra | Friday, January 12 2018 - 17:00 IWST

Produsen Batubara
Produsen Batubara

INDUSTRY.co.id - Jakarta - PT Pelita Samudera Shipping Tbk (PSSI) successfully booked 30.4 million tons of coal transportation services in 2017, growing 31 percent compared to 2016's 23.24 million tons.

The company's coal transportation service consists of coal transportation services serviced by tugs and barge (tug and barge) of 9.8 million tons and floating loading facility of 20.6 million tons.

In a press release in Jakarta, Imelda Agustina Klagoes said, compared to 2016's realization of 6.49 million tons, the coal transportation services serviced by tugboats and barges grew by 51%.

In fact, the figure is still 49 percent higher than the target of coal transportation services served by tugboats and barges of the company, which is 6.58 million tons.

Meanwhile, Imelda said, when compared with the 2016 realization of 16.75 million tons, the floating loading facility of the company increased 23%. In fact, 30% is higher than the previous target of 15.85 million tons.

Imelda said that the increased volume of PSSI's coal transportation services in 2017 pushed its revenue up 34% compared to 2016. It is a hard effort of the company that always performs cost efficiency, especially technical cost, which has been started since 2015.

The company's technical cost efficiency includes tight monitoring of the use of diesel fuel and oil.

Therefore, according to Imelda, the high utilization of the company's fleet combined with the addition of new vessels is expected to continue to drive higher volume and earnings growth in 2018. (Abraham Sihombing)

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…