JAKARTA - PT Mitrabahtera Segara Sejati Tbk (MBSS) signed a Rp 147 billion coal transport contract from PT Kideco Jaya Agung on 10 December 2020. This was announced by MBSS Corporate Secretary Ratih Safitri in a stock exchange filing on Tuesday (15/12).
According to Ms Safitri, the work period in the contract is until 15 November 2021. MBSS will transport Kideco's coal with its tugboat barge to Java 7 Steam Power Plant. "The agreement will impact on the company's operational sustainability and revenue increase," Ms Safitri said.
MBSS and Kideco, she added, are owned by a mutual shareholder, and that the partnership is a show of synergy to improve both companies' performances. (LK/MS)