Indo Straits outlines next year’s plans

Jakarta: Thanks in part to a bank loan, Indonesian firm Indo Straits has allocated a capital expenditure of $10m to $15m for 2013. The company has recently won a charter to ship coal from South Kalimatan for a period of up to seven years. Indo Straits said the cash for next year would go on logistics and marine engineering.  [18/12/12]

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