JAKARTA - PT Transcoal Pacific Tbk (TCPI) obtains a contract of floating barge service for temporary storage of oil fuel in LTT Bengalon Port, East Kalimanan, worth IDR 15 billion.

In the information disclosure quoted Wednesday (6/3), Bintang Septo Drestanto, Director of TCPI, confirmed that the contract to provide a floating barge service in Lubuk Tutung Special Terminal will include the spare part, equipment, and workforce. “The period of the contract of this floating barge service will last three years,” he added.

The contract of floating barge service is commissioned by an unaffiliated company in East Kalimantan. This contract is said to enhance TCPI’s revenue portfolio for the next three years.

As of September 2023, the third-party users of this company were known to be PT Arutmin Indonesia and PT Kaltim Prima Coal (KPC), both contributing IDR 619.60 billion and IDR 391.43 billion, respectively. (LK/ZH)