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Asian Bulk Logistics to spread wings beyond IndonesiaAsian Bulk Logistics to spread wings beyond Indonesia

Jakarta-based shipowner and operator Asian Bulk Logistics (ABL) is looking at expanding its horizons beyond the Indonesian market to develop a global bulk shipping fleet, initially launching a programme to expand its network of operations in the Indonesian bulk shipping sector.

Vincent Wee, Hong Kong and South East Asia Correspondent

March 16, 2018

1 Min Read
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ABL, one of the leading providers of integrated logistics and transportation solutions for the mining and commodities industry, is initially investing in Cargo Transfer Ships and barges to increase its service offering in the Indonesian coal sector, it said in a press release.

“We see many opportunities in the bulk shipping sector, our roots are in Indonesian coal mining, so it is natural for us to operate and manage our own Cargo Transfer Ships and expand our fleet of barges to better serve our customers in the local mining sector,” said ABL president director Ika Bethari.

ABL deputy ceo Captain Pappu Sastry said: “The company’s goals are to develop ship owning, logistics and shipping concepts. We will also provide logistics support by utilising our owned and chartered fleet of vessels within Indonesia.”

Indonesia recently reiterated a ruling essentially declaring a cabotage rule on coal, among other key commodities.

The company is laying the foundations to become a top-quality shipping and logistics player and has received a national long-term rating of ‘BBB (idn)’ from Fitch one of the largest credit rating agencies worldwide. ABL counts top commodities firms such as Trafigura among its clients.

According to its website, ABL has an owned fleet of four Cargo Transter Ships, mostly working in Kalimantan, where the shallow rivers require coal to be transferred to ships lying further offshore. They are dual RINA and Indonesian BKI (Biro Klasifikasi Indonesia)-classed. ABL is also a member of the Indonesian National Shipowners’ Association (INSA)

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About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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