PT Ancara Logistics Indonesia Tbk Stock

PT Ancara Logistics Indonesia Tbk is engaged in managing coal transportation using barges. It provides solutions that suit customer needs in mining logistics services that include transportation, transshipment, and other mining services. Its segments include Coal Barging and Floating Loading, Loading Unloading and Shipping. It uses water transportation through rivers and sea as a method of shipping and distributing coal. It owns about 34 river barges and conducts freight charters for 15 river barges. In addition, it also owns about 39 tugboats. In addition to owning its own tugboats and river barges, the Company also conducts freight charters. The contract is carried out with a short-term rental scheme whose bookings are tailored to the needs of cargo transportation carried out by the Company. The Company, through its subsidiary, is engaged in special terminal operations for its own interests, which are used for the process of loading coal from barges to stockpiles and vice versa.