has built and delivered five units of gabbage collection craft (GC craft) for port contract services for S$4.5mil (RM13.95mil) to their Singaporean owner.
Its wholly-owned subsidiary Tuong Aik Shipyard Sdn Bhd delivered the 20m GC crafts through an unconventional way by shipping them on a barge measuring 280ft x 80ft to Singapore late last month.
The Sarawak-based shipbuilder came up with this unique way of using barge and tugboat to transport the vessels as it is a cheaper way to do so during the Covid-19 pandemic, said TAS managing director Datuk Lau Nai Hoh.
“In this time of Covid-19 pandemic and with the current standard operating procedures (SOPs), it is very inconvenient and costly for the vessel owner to fly in their crew members to take delivery of the vessels, as the crew members have to undergo the required swab tests and quarantine besides obtaining the necessary documents from the relevant authorities.
Indonesia’s coal sector welcomes 2021 with optimism as price surges
The future of Indonesia’s coal sector in 2021 appears to be optimistic, in view of a price increase at the opening of the year and high demand from China an economy that is recovering amid the pandemic.
In a trading session on Tuesday (5 January), numerous coal shares performed well, Bloomberg data showed.
Shares of PT Delta Dunia Makmur Tbk strengthened 1.1 per cent, followed by that of PT TBS Energi Utama Tbk which was up 0.95 per cent, Bisnis Indonesia reported.
Coal’s benchmark price for January was US$75.84 per ton (S$100.60) the highest since July 2019.